Greater China Stocks Close Mixed Thursday; Hong Kong Leads Gainers

Dow Jones03-28

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Greater China were mixed on Thursday.

Hong Kong's Hang Seng Index rose 0.9% to 16541.42, and China's Shanghai Composite Index rose 0.6% to 3010.66. The Taiwan Taiex index slipped 0.3% to 20146.55.

Among Hang Seng constituents, Zhongsheng Group Holdings Ltd. was the biggest gainer during the session, surging 10% to HK$13.56, and Haier Smart Home Co. Ltd. surged 8.2% to HK$24.35. Meituan rounded out the top three movers on Thursday, as shares surged 6.3% to HK$96.80.

Country Garden Services Holdings Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 4.9% to HK$5.01, followed by shares of Hong Kong & China Gas Co. Ltd., which fell 3.4% to HK$5.93. Shares of Techtronic Industries Co. Ltd. fell 2.7% to HK$106.10.

Among large mainland China stocks, PIESAT Information Technology Co. Ltd. A was the biggest gainer during the session, surging 20% to CNY24.72, and Suzhou Harmontronics Automation Technology Co. Ltd. A surged 16% to CNY16.35. Chengdu JOUAV Automation Tech Co. Ltd. A rounded out the top three movers on Thursday, as shares surged 16% to CNY52.4.

Anhui Anfu Battery Technology Co. Ltd. A posted the largest decline, dropping 10% to CNY51.38, followed by shares of Zhejiang Shengda Bio-Pharm Co. Ltd. A, which dropped 10% to CNY13.96. Shares of Qinghai Huading Industrial Co. Ltd. A dropped 9.0% to CNY4.65.

In Taiwan, Jess-Link Products Co. Ltd. was the biggest gainer among large companies during the session, surging 10% to NT$126.50, and L&K Engineering Co. Ltd. surged 10% to NT$226.00. Chenming Electronic Technology Corp. rounded out the top three movers, as shares surged 9.9% to NT$58.60.

Getac Holdings Corp. posted the largest decline, dropping 8.0% to NT$133.00, followed by shares of Ambassador Hotel Ltd., which dropped 6.0% to NT$61.10. Shares of WinMate Inc. dropped 5.8% to NT$146.00.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.23 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.01.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 28, 2024 04:30 ET (08:30 GMT)

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