Mongolia Energy Declines Most in More Than a Year
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Mongolia Energy Corp., the mineral and energy explorer, declined the most in more than a year in Hong Kong trading after the company was removed from the MSCI Hong Kong Index.
The shares fell as much as 11 percent, the steepest drop since Dec. 17, 2009, before closing 6.6 percent lower at HK$1.99. The Hang Seng Index rose 0.5 percent.