Hong Kong, China stocks close lower

Posted by 7Star Friday, March 5, 2010

Hong Kong and China stocks fell on Thursday with financial stocks leading losses on concern over policy tightening. China Mobile and Hong Kong Exchanges & Clearing (HKEx) also retreated. China's key stock index in Shanghai tumbled 2.38 percent on Thursday in its biggest one-day fall in five weeks, with financial shares weak as persistent concern over policy tightening spurred investors to take profit.

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