Robust Chinese manufacturing data helped most Asian stock markets start the year on a positive note, although Shanghai itself failed to join the party.

强劲的中国制造业数据推动多数亚洲股市新年首日上涨，尽管上海股市未能加入这一行列。

The HSBC/Markit China purchasing managers index rose to 56.1 in December, the highest level since the survey began in April 2004, echoing official data released on January 1.

2009年12月份的HSBC/Markit中国采购经理人指数(PMI)升至56.1，为2004年4月开始调查以来的最高水平。这一数据与1月1日中国公布的官方数据相符。

However, the release also showed that Chinese manufacturers raised their prices at the fastest rate in 17 months, prompting fears of higher inflation.

然而，数据还显示出，中国制造商的提价速度创17个月以来的最高水平，这引发了通胀上升的担忧。

“We expect inflation to become an increasing focus for Chinese policymakers, suggesting that the case for tighter policy, including a stronger currency, is likely to build,” said Nick Chamie, global head of emerging markets research at RBC Capital Markets. “We forecast Beijing to start hiking policy rates and allowing gradual renminbi appreciation from around the end of the first quarter.”

加拿大皇家银行资本市场(RBC Capital Markets)新兴市场研究全球主管尼克•查米(Nick Chamie)表示：“我们预计通胀问题将成为中国政策制定者日益关注的重点，表明中国可能有理由实施紧缩政策，包括让人民币升值。我们预计中国政府将在一季度末左右开始提高政策利率，并允许人民币逐步升值。”

The Shanghai Composite index snapped a four-day run of gains to finish 1 per cent lower at 3,243.76 while the Hang Seng index in Hong Kong slipped 0.2 per cent to 21,823.28.

上证综指结束了连续4日的上涨，下跌1%至3243.76点，而香港恒生指数下跌0.2%，收于21823.28点。

Mainland banks suffered broad losses with Industrial and Commercial Bank of China falling 1.7 per cent to Rmb5.35.

中国内地银行股普遍走软，中国工商银行(ICBC)跌1.7%，收于5.35元人民币。

The real estate sector also came under pressure amid worries that Beijing could step up measures to curb property speculation. China Vanke fell 1.9 per cent to Rmb10.60.

由于人们担忧中国政府可能加快出台抑制房地产投机的措施，房地产板块也表现不佳。中国万科(China Vanke)下跌1.9%，收于10.60元人民币。

In Tokyo, the Nikkei 225 Average climbed 1 per cent to a fresh 15-month closing high of 10,654.79 as exporters were helped by the yen's softer tone against the dollar. The broader Topix index rose 0.9 per cent to 915.75.

在东京，由于出口商股票受日元兑美元疲弱提振，日经225指数上涨1%，收于10654.79点，创15个月收盘新高。包含更多成分股的东证指数(Topix)升0.9%，收于915.75点。

Seoul reversed an early decline as gains for technology stocks helped push the the Kospi index up 0.8 per cent to 1,696.14.

在科技股上涨的推动下，韩国股市收复了早盘的失地，Kospi指数升0.8%，收于1696.14点。

In Taipei, the Weighted index inched up 0.2 per cent to 8,207.85 as optimism about growing demand for computers and flatscreen televisions helped AU Optronics rise 2.8 per cent to T$39.90 and rival Chi Mei jump 6.9 per cent to T$24.05.

台湾加权指数微升0.2%，至8207.85点。人们对电脑和平板电视需求日益增长的乐观情绪，推动友达光电(AU Optronics)上涨2.8%，至39.90新台币，其竞争对手奇美电子(Chi Mei Optoelectronics)劲升6.9%，至24.05新台币。

译者/君悦