Manufacturing PMI Hits Ten Year High As The Grey Rhino Of Real Estate Could Lead To Equity Inflows

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Yesterday’s MSCI
driven volume and sell-off were quickly forgotten as Asian equities gained on strong volumes driven by the strong China Manufacturing PMI release and positive Moderna vaccine news. The broader Hang Seng Composite gained +1.01{911ea05452e114f1778c76ca86733b6032c246f8f651bb1f01d12abf04b54efb} while the Chinese companies listed in Hong Kong within the MSCI