(Bloomberg) -- Hong Kong's stocks fell for the
first time in seven days as investors judged excessive a rally
that drove the Hang Seng Index to a record. China Mobile Ltd.
led the drop.
Shares also declined as profit warnings from U.S. retailers
heightened concern a weak housing market is hurting consumer
spending. Yue Yuen Industrial (Holdings) Ltd. slipped.
Read more at Bloomberg Stocks News
first time in seven days as investors judged excessive a rally
that drove the Hang Seng Index to a record. China Mobile Ltd.
led the drop.
Shares also declined as profit warnings from U.S. retailers
heightened concern a weak housing market is hurting consumer
spending. Yue Yuen Industrial (Holdings) Ltd. slipped.
Read more at Bloomberg Stocks News
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