Thu, 07 Feb 2013 16:01:07 GMT
Hong Kong shares drop as central bank focuses on tackling inflation
Hong Kong equities slid as investors took profits on mainland financial shares amid news Chinese Central Bank will switch from supporting growth to tackling inflation. The Hang Seng index tumbled as much as 0.3% to 23,177 points. All but two groups in the index edged lower. New World Development advanced 2.3%, the most in the benchmark gauge, followed by Tingyi