Economics
Chinese Stocks Drop Most in Six Weeks in Hong Kong on Economy
- Slumping Chinese credit growth, commodities drop also weigh
- MSCI to add Baidu, Alibaba to its biggest stock indexes
Is China's Stimulus Effort Working?
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Chinese stocks fell the most in six weeks in Hong Kong trading after commodity prices plunged and the nation’s broadest measure of new credit slumped.
Hong Kong’s Hang Seng China Enterprises Index slid 2.2 percent to 10,181.47 at the close, dragged down by oil companies and banks. China Construction Bank Corp., the nation’s second-biggest lender, and PetroChina Co., the largest energy producer, retreated at least 2.9 percent. The Shanghai Composite Index dropped 1.4 percent to 3,580.84.