Published: Jun 11, 2024 09:07
[SMM Morning Meeting Summary: Smooth Progress of Mpama South Mining Area Project and Supplementary Overseas Supply] Observed from the macro level, the Caixin China Services PMI in May recorded 54, an increase of 1.5 percentage points compared with the previous month. It not only hit a new high since August 2023, but also stood firmly above the boom-bust line for 17 consecutive months. During the same period, the Caixin Composite PMI also rose by 1.3 percentage points to 54.1, indicating that the total amount of Chinese enterprise activities has maintained a growth trend for the seventh consecutive month, and the growth rate has reached the highest level in nearly a year...

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