Asian stocks fall on China's PMI, antitrust push

Asian stocks fall on China's PMI, antitrust push

The Edge Markets - World·2021-04-30 15:04

BENGALURU (April 30): Most equity markets in emerging Asia slipped on Friday, brushing off a firmer Wall Street lead as weaker-than-expected Chinese factory indicators and concerns about Beijing's clampdown on internet companies weighed on sentiment.

Data from the national Bureau of Statistics (NBS) in China showed that the official manufacturing purchasing managers' index (PMI) fell to 51.1 in April from 51.9 in March, as supply bottlenecks weighed on production and overseas demand softened.

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