The Hang Seng Index fell 0.83 points, or less than 0.1 per cent, to 17,523.23 at the close, the lowest close since April 25. The Hang Seng Tech Index added 1 per cent and the Shanghai Composite Index rallied 1.3 per cent.
Instant noodle maker Tingyi Holdings dropped more than 4 per cent after an increase in product prices raised concerns it could hurt offtake and Anta Sports Products sank after Citigroup said it is reviewing the stock in the downside direction.
China’s producer prices may have dropped 0.8 per cent in June, registering a 21st straight month of declines, according to a consensus estimate of the economists tracked by Bloomberg. Consumer prices probably rose 0.4 per cent from a year earlier in June, accelerating from a 0.3 per cent gain…
