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HK stocks fall 0.63 pct over profit-taking (2) |
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19:38, July 16, 2007 |
Sinopec, China''s second largest oil producer, dropped 2.22 percent to 8.79 HK dollars.
CNOOC, China''s largest offshore oil producer, rose against the market over media reports that it has won oil exploration rights in Somalia, up 0.43 percent to 9.39 HK dollars.
China''s banking and insurers sectors all fell. ICBC, China''s largest lender, lost 1.88 percent to 4.69 HK dollars. Ping An plunged 3.54 percent to 61.4 HK dollars. PICC was down 3.31 percent to 6.71 HK dollars. China Merchants Bank slumped 3.02 percent to 27.3 HK dollars. Bank of China declined 2.14 percent to 4.11 HK dollars. China Construction Bank moved down 1.02 percent to 5.82 HK dollars. China Life, the country''s largest life insurer, lost 0.81 percent to 30.75 HK dollars. Bank of Communications receded 0.99 percent to 9.01 HK dollars.
China Communications Construction surged 5.17 percent to 17.48 HK dollars. CHALCO jumped 2.83 percent to 15.28 HK dollars. (7.8 HK dollars = 1 U.S. dollar)
Source: Xinhua
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