The decline was the fourth in five days.
A Bloomberg report said, “Hong Kong stocks dropped, with the city’s benchmark index falling for the fourth time in five days, as Industrial & Commercial Bank of China Ltd. slid after Goldman Sachs Group Inc. sold a stake in the lender.”
Hong Kong-traded shares of ICBC, according to the report, were down 2.2%. Meanwhile the Hang Seng Index slipped 0.1% to 23,655.17.
View the report here.
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