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China Market extends gains on private manufaturing PMI data


The Mainland China share market finished higher for second consecutive session on Tuesday, 01 June 2021, after a private report showed Chinese manufacturing expanded in May.
The Caixin China PMI Manufacturing Index rose to 52 in May from 51.9 for the previous month, signifying the nation s industrial companies were in expansion mode. The report, which surveys smaller enterprises, contrasted with a slight drop in activity in an official manufacturing gauge published by the National Bureau of Statistics a day earlier.
At closing bell, the benchmark Shanghai Composite Index advanced 0.26%, or 9.24 points, to 3,624.71. The Shenzhen Composite Index, which tracks stocks on China s second exchange, added 0.41%, or 9.82 points, to 2,429.57. The blue-chip CSI300 index added 0.2%, or 10.11 points, to 5,341.68. ....

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Ping An Supports Global Poverty Alleviation, Taking Successful China Handicraft Project to Cambodia


Ping An Supports Global Poverty Alleviation, Taking Successful China Handicraft Project to Cambodia
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HONG KONG and SHANGHAI, May 24, 2021 /PRNewswire/  Ping An Insurance (Group) Company of China, Ltd. (hereafter Ping An or the Group , HKEX: 2318; SSE: 601318) announced a new poverty alleviation program for Cambodia at the International Forum on Poverty Governance and Development Towards Modernization in Nujiang, Yunnan on 18 May.
For its Mother s Needlework public welfare program, Ping An will look for women in Cambodia with specific handicraft skills for technical training and handicrafts production to promote local women s employment and the economic and social development of their communities. ....

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