(Bloomberg) -- China's stocks fell the most in a month as investors judged gains this year to be excessive relative to earnings growth potential. China Minsheng Banking Corp. and China Merchants Bank Co. led declined.
Consumer stocks including Inner Mongolia Yili Industrial Group Co. climbed after a government report showed the nation's retail sales increased last month. Bank of Communications Ltd., China's sixth largest, surged 71 percent on its debut in Shanghai.
Read more at Bloomberg Stocks News
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