China’s final HSBC (HBC.NYSE, HSBA.LON, 0005.HKG, HSB.EPA) PMI for October rose to 50.9 on Friday, up from 50.2 in September, showing the sector continued to expand, Reuters reported. A reading above 50 indicates expansion. The manufacturing sector grew at the fastest rate in seven months in October as export order continues to grow. China’s official PMI, which was released earlier on Friday, indicated that manufacturing growth was at 51.4, the highest in 18 months. The official PMI looks more at bigger and state-owned enterprises, which tends to produce more favourable results, whereas private survey’s focus on smaller and private firms.