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FEB 14, 2013 - MarketWatch

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Hong Kong stocks decline on banks, property shares

HONG KONG (MarketWatch) -- Hong Kong stocks edged lower Friday as caution reigned in the wake of some poor economic data from Europe and broad weakness across other Asian markets, pressuring the financial and property sectors. The Hang Seng Index fell 0.3% to 23,337.97 and the Hang Seng China Enterprises Index gave up 0.4% to 11,777.64. Shares of China Construction Bank Corp. dropped 0.5% and Ping An Insurance Group Co. shed 0.7%, while Sino Land Co. and Cheung Kong Holdings Ltd. each lost 1% among developers. U.S. stocks had finished close to the previous day's levels on Wall ... Read More

Tags: Hong Kong stocks decline on banks, property shares,  Ping An Insurance Latest News