you can have custom read more link
<?php
$id=163;
$post = get_post($id);
$title = apply_filters('the_title', $post->post_title); ?>
<h3><?php echo $title; ?></h3>
<?php $content = apply_filters('get_the_excerpt', $post->post_excerpt);
echo $content;
?>
<a href="<?php echo get_permalink() ?>" />Read More </a>
<?php
?>
In the page Excerpt
<?php
$latest_post = new WP_Query("showposts=1");
if($latest_post->have_posts()) :
?>
<?php
while($latest_post->have_posts()):
$latest_post->the_post();
?>
<h4><?php the_title() ?></h4>
<?php the_excerpt(); ?>
<a href="<?php echo get_permalink() ?>" />Read More </a>
<?php endwhile ?>
<?php endif ?>