date:Aug 22, 2014
nomy and the governments anti-extravagance measures had impacted consumer spending. Chinas economic growth slowed to the weakest pace in six quarters in the first three months of 2014 before picking up to 7.5 per cent in the April-June period from a year earlier.
Tesco Turnaround
The companys shares fell 2.9 per cent to HK$23.25, the biggest loss since 26 May, extending this years losses to 9.7 per cent. The benchmark Hang Seng Index has gained 7.2 per cent this year.
China Resources posted a