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Hong Kong stocks down 1.23% by lunch

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(Globalpost/GlobalPost)

Hong Kong shares fell 1.23 percent by the break on Tuesday after data showed Chinese manufacturing activity slowed in April, adding to concerns about the strength of the economy.

The benchmark Hang Seng Index shed 270.65 points to 21,773.72 on turnover of HK$28.73 billion ($3.71 billion).

dan/jw

http://www.globalpost.com/dispatch/news/afp/130423/hong-kong-stocks-down-123-lunch