Chinese Stocks Fall as Financial Shares, Energy Producers Slump
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Chinese stocks declined as energy producers and financial shares dropped, overshadowing an advance by technology companies.
Offshore Oil Engineering Co. fell for a third day and SDIC Power Holdings Co, a power producer, lost 2.1 percent. Poly Real Estate Group Co. retreated 1.5 percent after the Xinhua News Agency said Shanghai won’t ease curbs on real estate. Goertek Inc. and Shenzhen O-film Tech Co. rallied more than 3 percent to lead an advance by technology shares.