Wed, 13 Mar 2013 14:58:03 GMT
Hong Kong shares down for a third day
Hong Kong equities retreated for a third consecutive day as Chinese developers and lenders slumped. The Hang Seng Index tumbled 1.5% to close at 22,556.65. All sectors in the gauge declined with basic materials posting the biggest losses on Hang Seng. Li & Fung Ltd was the only company posting gains, as its shares jumped 0.2% to HK$10.96 to cap