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Asian stocks dropped, with the regional benchmark index retreating from the highest level in 20 months, after Chinese economic growth and industrial production expanded less than economists’ estimated.
Nikkei 225 13,275.66 -209.48 -1.55%
Hang Seng 21,807 -282.05 -1.28%
S&P/ASX 200 4,967.9 -45.63 -0.91%
Shanghai Composite 2,181.94 -24.84 -1.13%
Jiangxi Copper Co., China’s largest copper producer, slid 4.7 percent in Hong Kong.
Nissan Motor Co., a Japanese carmaker that gets 32 percent of sales from North America, slid 3.9 percent, pacing declines among exporters after U.S. retail sales unexpectedly fell.Mando Corp. tumbled 15 percent in Seoul as Midas International Asset Management Ltd. said it will sell its holdings after the auto-parts maker said it will bail out an unprofitable construction affiliate.
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