The official PMI fell from the previous month and while the HSBC-Markit private-sector gauge rose to a four-month high, it was below the historical average.

官方PM指数从之前的几个月开始下降，而HSBC - Markit私营部门指标升至4个月新高，但低于历史上的平均水平。

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PMI reading above 50 indicates rising output; one of 51.1 is consistent with GDP growth of 9%, says HSBC.

汇丰说采购经理人指数在50以上意味着产值在增加，51.1的指数正好与GDP以9%的速度相吻合。

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The HSBC PMI for December rose to 50.9, the highest level since October 2011.

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Stronger demand at home and abroad helped boost India's HSBC PMI to 54.2 in February from 53.2 in January.

WSJ: Asian Manufacturing Growth Slows, Data Show

Many of these stocks were down before the HSBC PMI data, and failed to react to the modest April improvement.

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