Greater China Stocks Close Mixed Monday; Taiwan Leads Gainers

Dow Jones04-08

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

Stocks in Greater China were mixed on Monday.

Hong Kong's Hang Seng Index rose 0.1% to 16732.85, and China's Shanghai Composite Index slipped 0.7% to 3047.05. The Taiwan Taiex index rose 0.4% to 20417.70.

Among Hang Seng constituents, Wuxi Biologics (Cayman) Inc. was the biggest gainer during the session, surging 5.4% to HK$14.08, and China Hongqiao Group Ltd. gained 4.4% to HK$9.78. Li Auto Inc. rounded out the top three movers on Monday, as shares gained 4.0% to HK$120.80.

Budweiser Brewing Co. APAC Ltd. posted the largest decline among companies on the Hang Seng, dropping 5.7% to HK$10.58, followed by shares of China Resources Beer (Holdings) Co. Ltd., which fell 4.8% to HK$33.90. Shares of Xinyi Solar Holdings Ltd. fell 3.9% to HK$6.17.

Among large mainland China stocks, Datang Huayin Electric Power Co. Ltd. A was the biggest gainer during the session, surging 10% to CNY3.38, and Weifang Yaxing Chemical Co. Ltd. A surged 10% to CNY5.24. Dazhong Transportation Group Co. Ltd. A rounded out the top three movers on Monday, as shares surged 10% to CNY3.06.

Raytron Technology Co. Ltd. A posted the largest decline, dropping 20% to CNY29.55, followed by shares of PIESAT Information Technology Co. Ltd. A, which dropped 12% to CNY22.08. Shares of Guangdong Lyric Robot Automation Co. Ltd. A dropped 11% to CNY31.46.

In Taiwan, Hua Eng Wire & Cable Co. Ltd. was the biggest gainer among large companies during the session, surging 10% to NT$33.00, and We & Win Development Co. Ltd. surged 10% to NT$14.30. Cathay Real Estate Development Co. Ltd. rounded out the top three movers, as shares surged 10% to NT$23.70.

RichWave Technology Corp. posted the largest decline, dropping 9.0% to NT$186.50, followed by shares of Formosa Laboratories Inc., which dropped 9.0% to NT$106.00. Shares of Maywufa Co. Ltd. dropped 7.7% to NT$24.70.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.23 while the New Taiwan dollar held steady against the U.S. dollar at NT$32.13.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 08, 2024 04:30 ET (08:30 GMT)

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Greater China Stocks Close Mixed Monday; Taiwan Leads Gainers

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