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Asian stocks fell, with the region’s benchmark index headed for its first decline in three days, as commodity producers retreated on lower metal prices and Chinese developers dropped after home prices declined.
Nikkei 225 9,707.37 -15.87 -0.16%
Hang Seng 21,387.96 -292.12 -1.35%
S&P/ASX 200 4,255.55 -43.00 -1.00%
Shanghai Composite 2,426.11 -2.37 -0.10%
BHP Billiton Ltd., the world’s No. 1 mining company, lost 1.5 percent in Sydney, the biggest drag on the MSCI Asia Pacific Index.
China Overseas Land & Investment Ltd., a state-owned builder, lost 5.5 percent in Hong Kong.
Country Garden Holdings Company Ltd. slumped 8.6 percent after the developer said it would sell shares at a discount.
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