Hong Kong’s benchmark stock index fell for a third week as developers dropped after Henderson Land Development Co. reported a larger-than-estimated decline in first-half underlying profit.
Henderson Land slid 1.6 percent. Industrial & Commercial Bank of China Ltd., the world’s largest lender by market value, climbed 1.3 percent after second-quarter earnings beat analysts’ forecasts. China Green Holdings Ltd. tumbled by as much as 45 percent after the producer of fruits and vegetables said its auditor needed more time to complete the annual report for board approval.
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