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Soho China Falls as It Denies Money Laundering: Hong Kong Mover

Soho China Ltd., the biggest developer in Beijing’s central business district, dropped by the most in almost four years in Hong Kong stock trading after a Beijing Times report linked the company to money laundering. Soho denied the claim.

Soho shares plunged 8 percent to HK$6.32 at local closing, the biggest drop since March 30, 2009. The stock was the worst performer on the MSCI China Index as 30-day volatility jumped to