Economics
Chinese Stocks Decline After Manfacturing Gauges Slow
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China’s stocks retreated, led by energy and consumer companies, after gauges of manufacturing in the world’s second-largest economy fell.
Yanzhou Coal Mining Co. and Datong Coal Industry Co. paced declines among energy stocks. Kweichow Moutai Co. and Wuliangye Yibin Co., the nation’s biggest liquor makers, dropped at least 1.4 percent. Bullion producer Shandong Gold Mining Co. jumped 4.6 percent after scrapping an asset-purchase plan and as gold prices rallied by the most since October.