China's final HSBC PMI at 48.9 for April

The latest gauge of China's manufacturing activity showed the country's vast factory sector remained in contraction for the month of April. The HSBC final Purchasing Managers' Index fell to 48.9, its fastest drop in a year, down from the preliminary reading of 49.2 and weakening from the 49.6 print in March. The Shanghai Composite widened losses to 0.7 percent...