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China’s Stocks Drop Most in Two Weeks as IPO Demand Saps Funds: China Lodging (HTHT), China Techfaith Wireless (CNTF), Sinovac Biotech (SVA), Aluminum Corp. of China (ACH), JinkoSolar Holding (JKS)

China’s stocks fell the most in two weeks as health-care and property companies slumped amid speculation recent gains were overdone, and concern grew initial public offerings will divert funds away from existing equities. The Shanghai Composite Index dropped 0.7 percent to 3,612.49 at the close, capping the steepest loss since Dec. 8.…