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China's Stocks Drop as Valuations Reach Low; Brokerages Plunge
Businessweek Chinese stocks declined for a fourth day, dragging valuations on the benchmark index to their lowest level on record, as brokerages tumbled amid speculation they may cut trading fees. Sinolink Securities Co. plunged by the 10 percent daily limit and … Hong Kong stocks rise after three-day loss streak Hong Kong Stocks Decline on Fiscal Cliff, Growth Concern China Stocks Slump, Don't Expect Beijing to Help |