Fri, 21 Jun 2013 09:07:07 GMT
Hong Kong shares reverse losses
Hong Kong shares reversed retreat after China's benchmark money-market rates declined form record highs, calming worry about China's credit crunch. The Hang Seng Index slipped 0.3% to 20,323.20 at 2:41 p.m. Hong Kong time after reversing a 2% loss; moreover, it is headed for 3.1% decline weekly, making it the sixth straight week of retreats.