Economics
Asian Stock Index Little Changed as Hong Kong, India Gain
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Stocks in Hong Kong and India advanced while Australia and South Korea declined, leaving Asia’s benchmark equity index little changed.
Citic Securities Co. jumped 10 percent in Hong Kong, pacing gains among Chinese brokerages, as the government prepares to end a ban on initial public offerings. ICICI Bank Ltd. rose 1.8 percent, pacing gains among Indian lenders as the nation’s economic growth beat economist estimates. KT Corp. dropped 6.8 percent after the South Korean phone company forecast a lower dividend payout.