{"id":241109,"date":"2025-11-03T09:55:12","date_gmt":"2025-11-03T09:55:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/241109\/"},"modified":"2025-11-03T09:55:12","modified_gmt":"2025-11-03T09:55:12","slug":"asia-pacific-markets-climb-as-china-pmi-data-misses-expectations-kospi-hits-new-record","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/241109\/","title":{"rendered":"Asia-Pacific markets climb as China PMI data misses expectations; Kospi hits new record"},"content":{"rendered":"<p>An employee works on the production line of power batteries and box chassis for new energy vehicles at a workshop on July 11, 2025 in Huaibei, Anhui Province of China.<\/p>\n<p>Li Xin | Visual China Group | Getty Images<\/p>\n<p>Asia-Pacific markets mostly climbed Monday, after Wall Street saw all three U.S. major indexes climb Friday stateside.<\/p>\n<p>Investors in Asia are assessing manufacturing activity figures out from China after RatingDog published its purchasing managers index for October.<\/p>\n<p>China&#8217;s manufacturing activity slowed to 50.6, missing the 50.9 expected by economists polled by Reuters and lower than September&#8217;s 51.2.<\/p>\n<p>The <a href=\"https:\/\/www.stats.gov.cn\/sj\/zxfbhjd\/202510\/t20251031_1961740.html\" target=\"_blank\" rel=\"nofollow noopener\">official PMI numbers<\/a> released Friday by the National Bureau of Statistics showed that <a href=\"https:\/\/www.cnbc.com\/2025\/10\/31\/china-manufacturing-pmi-october-.html\" rel=\"nofollow noopener\" target=\"_blank\">China&#8217;s manufacturing activity in October<\/a> shrunk to its lowest level in six months, coming in at 49.0.<\/p>\n<p>Hong Kong&#8217;s <a href=\"https:\/\/www.cnbc.com\/quotes\/.HSI\/\" rel=\"nofollow noopener\" target=\"_blank\">Hang Seng index<\/a> rose 0.97% and closed at 26,158.36, snapping a three-day losing streak, while mainland China&#8217;s CSI 300 reversed losses and climbed 0.27%, ending the day at 4,653.4.<\/p>\n<p>South Korea&#8217;s <a href=\"https:\/\/www.cnbc.com\/quotes\/.KS11\/\" rel=\"nofollow noopener\" target=\"_blank\">Kospi<\/a> rose 2.78% to close at a new high of 4,221.87, and posting its largest one-day gain since June. Meanwhile, the small-cap Kosdaq gained 1.57% to end at 914.55.<\/p>\n<p>India&#8217;s <a href=\"https:\/\/www.cnbc.com\/quotes\/.NSEI\/\" rel=\"nofollow noopener\" target=\"_blank\">Nifty 50<\/a> was up 0.14% and the Sensex was trading close to the flatline.<\/p>\n<p>Australia&#8217;s\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.AXJO\/\" rel=\"nofollow noopener\" target=\"_blank\">S&amp;P\/ASX 200<\/a> was up 0.15%, ending at 8,894.8.<\/p>\n<p>The country&#8217;s central bank starts its two-day monetary policy meeting today, with economists expecting a hold from the Reserve Bank of Australia after inflation readings came in hotter than expected for the third quarter.<\/p>\n<p>Japan&#8217;s markets are closed for a public holiday.<\/p>\n<p>On Friday in the U.S., the tech-heavy <a href=\"https:\/\/www.cnbc.com\/quotes\/.IXIC\/\" rel=\"nofollow noopener\" target=\"_blank\">Nasdaq Composite<\/a> advanced 0.61% at 23,724.96, while the S&amp;P 500 gained 0.26% to reach 6,840.20. The\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/.DJI\/\" rel=\"nofollow noopener\" target=\"_blank\">Dow Jones Industrial Average<\/a>\u00a0closed marginally higher at 47,562.87.<\/p>\n<p>\u2014CNBC&#8217;s Sean Conlon and Pia Singh contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"An employee works on the production line of power batteries and box chassis for new energy vehicles at&hellip;\n","protected":false},"author":2,"featured_media":241110,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[5754,5753,4117,84,273,5758,1294,5748,5749,467,4127,5751,4125,56,54,55,4953],"class_list":["post-241109","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-asia-economy","tag-breaking-news-asia","tag-breaking-news-markets","tag-business","tag-business-news","tag-cnx-nifty-index","tag-economy","tag-hang-seng-index","tag-kospi-index","tag-markets","tag-nasdaq-composite","tag-nikkei-225-index","tag-sp-500-index","tag-uk","tag-united-kingdom","tag-unitedkingdom","tag-world-markets"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/241109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=241109"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/241109\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/241110"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=241109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=241109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=241109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}