Hong Kong Stocks Drop From 21-Month High; Ping An FallsKana Nishizawa
Hong Kong stocks fell, with the benchmark index retreating from its highest level since April 2011, with Ping An Insurance (Group) Co. sliding as HSBC Holdings Plc sold a $7.4 billion stake. The gauge gained earlier on reports from the U.S. and China that showed signs of recovery in the world’s two largest economies.
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