Caixin Services PMI reveals slower growth, highlighting Beijing’s challenge to sustain economic momentum. Hang Seng down 0.58%.

China's services activity expanded at a slower pace in November, pressured by easing new business growth, including in exports, a private sector survey showed, as the economy braces for a rocky ride of more U.

Manufacturers saw incoming new orders rise at its fastest pace in more than three years, signaling that stimulus efforts have already seeped into the economy.