- Inflation slows to 1.3%, while producer prices extend declines
- Shanghai Composite rebounds as brokers rally on link optimism
Chinese stocks fell the most in a week in Hong Kong as slower-than-forecast inflation increased concern demand is weakening in the world’s second-biggest economy. Mainland equities rebounded as brokerages extended gains.
The Hang Seng China Enterprises Index slid 1.8 percent to 10,314.74 at the close, dragged down by automakers and power producers. BYD Co. tumbled 8.3 percent and Great Wall Motor Co. fell 3.8 percent in Hong Kong. China Longyuan Power Group Corp. dropped 3.5 percent. The Shanghai Composite Index halted a four-day, 10 percent winning streak, dropping 0.2 percent to 3,640.49.
Source: http://www.bloomberg.com/news/articles/2015-11-10/chinese-stocks-slide-most-in-week-in-hong-kong-on-inflation-data
