By Daniel Hunter

The majority of Asian markets were lower today (Monday) following the release of the latest manufacturing data for China.

China's official purchasing managers' index (PMI) shows that growth had slowed, with the data at 50.3 for November, compared to 50.8 in October.

Analysts had expected the figure to be 50.6, with the 50 point mark separating growth from contraction.

In Greater China, Hong Kong's Hang Seng index fell 555.90 points, or 2.3%, to 23,431.55. However, the Shanghai Composite was up 0.1% at 2,685.6 after the government published draft rules for a bank deposit insurance scheme.

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