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Nikkei Markets

Hong Kong shares dragged lower by technology stocks

Unicom and China Telecom climb as network infrastructure JV files for IPO

HONG KONG (Nikkei Markets) -- Hong Kong shares fell by the biggest magnitude in more than a week on Tuesday, weighed down by losses among technology stocks that had been posting gains recently.

The Hang Seng Index shed 1.2% at 31,152.03, marking its steepest decline since May 4. Tencent Holdings, the most valuable company listed in Hong Kong, fell 3.4% from a one-month high ahead of its quarterly earnings report on Wednesday.

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