Pursuits
Chinese Stocks in Hong Kong Retreat Most in Nine Months on PMI
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Chinese stocks trading in Hong Kong plunged, sending the benchmark index to its biggest loss since February, after pro-democracy protests in the city grew violent and the nation’s manufacturing growth trailed estimates.
Jiangxi Copper Co., the largest Chinese producer of the metal, slumped 5.8 percent in Hong Kong, while PetroChina Co. lost 4.4 percent as commodities prices sank to five-year lows. SAIC Motor Corp. and Poly Real Estate Group Co. led declines for consumer-discretionary and real-estate companies in Shanghai.