STOCKS | China Services Activity Index Rises To 51.4 In August

S&P Global's August RatingDog China services business activity index rose to 51.4 from 50.4 in July, above the market forecast of 50.6, according to Ming Pao. The reading was the highest since June, when it stood at 54.1, although it was still the second-lowest in 14 months. Business activity has expanded every month since January 2023. The composite output index also increased to 52.1 from 50.8 in July. That was the highest since June, when it was 53.6.