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Here Comes HSBC China PMI...

Mamta BadkarAug 1, 2014, 07:00 IST

AP Photo/Neal Ulevich

HSBC China manufacturing PMI for July is out at 9:45 p.m. ET.

Economists polled by Bloomberg are looking for manufacturing PMI to rise to 52, from 50.7 the previous month.

The flash reading out earlier in July showed PMI climbing to an 18-month high of 52.

A reading below 50 indicates contraction.

Earlier we got the official PMI number which climbed to 51.7, from 51 in June and beating expectations for a rise to 51.4.

China's mini-stimulus has helped improve sentiment and Beijing again seems to have made growth a top priority.