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China, HK stocks fall as slowing services growth, property woes sour mood
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China and Hong Kong stocks fell due to slowing services growth and property woes. The Shanghai Composite Index dipped 0.1%, Hang Seng dropped 1%. Vanke's shares hit a low, affected by Fitch's negative rating. CSI300 Real Estate Index fell 1.3%. Rare earth stocks rose after new export licenses were issued. Metal producers climbed due to increased demand and price hikes.
Source: Reuters The copyright of this article belongs to the original author/organization.
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