Stocks slide for first time in seven days

SHANGHAI - Stocks on the Chinese mainland fell for the first time in seven days, dragging the benchmark index from a two-month high.

The decline came on concern that monetary tightening will hurt growth and after a leading economic index dropped for the first time since 2008.

Anhui Jianghuai Automobile Co slid the most in four weeks after growth in the nation's passenger-car sales slowed. China Shipping Container Lines Co fell from the highest close in 13 months after the price of oil surged. Beijing Capital Development Co led declines by developers.