(Bloomberg) -- China's shares fell the most in
almost three weeks on speculation the government will raise
interest rates to tame a stock-market boom and cool the economy.
Industrial & Commercial Bank of China Ltd. paced the decline.
``It's Friday,'' said Sun Chao, an analyst at Citic
Securities Co. in Shanghai. ``People are always worried that the
government will announce some negative news over the weekend,
such as interest rate hikes.''
Read more at Bloomberg Stocks News
almost three weeks on speculation the government will raise
interest rates to tame a stock-market boom and cool the economy.
Industrial & Commercial Bank of China Ltd. paced the decline.
``It's Friday,'' said Sun Chao, an analyst at Citic
Securities Co. in Shanghai. ``People are always worried that the
government will announce some negative news over the weekend,
such as interest rate hikes.''
Read more at Bloomberg Stocks News
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