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China and Hong Kong stocks slip as gold and real estate fall

China’s CSI300 and Shanghai Composite declined on Thursday, with gold and real estate among the laggards, after the first U.S. rate hike in three years raised concerns about capital outflows.

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S. rate hike in three years stoked worries about capital outflows. China's blue-chip CSI300 Index SZSE:399300 and the Shanghai Composite Index SS…