ChinaAMC MSCI India (03404.HK) +0.91%; Oct mfg PMI eases to 54.9

NewTimeSpace News: As of 14:05 HKT on October 30, 2026, the ChinaAMC MSCI India ETF (03404.HK) was up 0.91% intraday at a latest price of HK$6.070, with turnover of HK$304,000 on 50,000 shares.

The ETF is managed by ChinaAMC (Hong Kong) Limited and tracks the MSCI India Index, which covers large and mid-cap companies in the Indian market. As of the same time, it had assets of HK$271 million, a net asset value per unit of HK$6.084 and a board lot of 100 shares; its 52-week price range was HK$5.825 to HK$7.220.

the HSBC India Manufacturing PMI fell to 54.9 in October from 55.1 in September, still above the 50 mark that separates expansion from contraction; the output sub-index edged up to 57.6 from 57.5.

Morgan Stanley said in a research note that headwinds from the artificial intelligence capex cycle, elevated interest rates and higher oil prices have so far been only a moderate drag on Asian growth; the region's capex super-cycle is not driven by AI alone, with AI and related energy and industrial capex accounting for only about 20% of the increase in Asian capex.