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Caixin Takes Over Sponsorship from HSBC of Markit’s China PMI, Enters Financial Data Services

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BEIJING--(BUSINESS WIRE)--Caixin Media Co., Ltd. has agreed to sponsor Markit’s closely watched China Purchasing Managers’ Index (PMI). The index will be renamed the Caixin China PMI and will be released beginning in August. The sponsorship agreement with Markit, a leading global diversified provider of financial information services, is part of Caixin’s broader strategy to increase its capabilities in financial information. The agreement may also be extended to include further cooperation with

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