📢The $Hang Seng Index - main 2512(HSImain)$ has fallen 0.7% to 25,678 as of 228PM, after China released a slew of November data at 10AM this morning ➡Official manufacturing PMI came in at 49.2, below 50 for the eighth consecutive month ➡Retail sales growth slowed sharply to 1.3% yoy (consensus: 2.9%), the slowest pace since the Covid lockdowns in late 2022. ➡Fixed asset investment fell by 11% yoy in Nov, at the same rate as in Oct. ➡Industrial production grew by 4.8% yoy, the slowest pace since Sep 2024 (consensus: 5.0%). ➡New home sales (in value terms) fell by 25% yoy, the fastest decline since June 2024 ⏬With consumption and housing remaining the biggest drags on the Chinese economy, some analysts believe the current government policies su