China Stocks Drop Most in Month as Weak Economic Growth Sinks In

Chinese stocks dropped the most in a month on Friday after worsening economic data dimmed the outlook for corporate earnings.

The Shanghai Composite Index fell 1.3%, nearing its 100-day moving average that’s supported the gauge for most of the past six weeks. Data showed China’s gross domestic product rose 6% in the July-September period from a year ago, the slowest pace since the early 1990s and weaker than the consensus forecast of 6.1%.