Greater China Stocks Close Mixed Wednesday; Hong Kong Leads Gainers

Dow Jones04-10

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

Stocks in Greater China were mixed on Wednesday.

Hong Kong's Hang Seng Index gained 1.8% to 17139.17, and China's Shanghai Composite Index slipped 0.7% to 3027.33. The Taiwan Taiex index slipped 0.2% to 20763.53.

Among Hang Seng constituents, Semiconductor Manufacturing International Corp. posted the largest decline, falling 1.9% to HK$14.70, followed by shares of WuXi AppTec Co. Ltd., which fell 1.9% to HK$36.80. Shares of Haier Smart Home Co. Ltd. fell 1.6% to HK$25.20.

ENN Energy Holdings Ltd. was the biggest gainer among companies on the Hang Seng, surging 7.4% to HK$68.30, and Zhongsheng Group Holdings Ltd. surged 7.3% to HK$15.36. Hang Seng Bank Ltd. rounded out the top three movers on Wednesday, as shares surged 6.0% to HK$99.70.

Among large mainland China stocks, Beijing Kawin Technology Share-Holding Co. Ltd. A posted the largest decline, dropping 19% to CNY27.03, followed by shares of Cultural Investment Holdings Co. Ltd. A, which dropped 10% to CNY2.24. Shares of Shanghai Prosolar Resources Development Co. Ltd. dropped 10% to CNY4.76.

Shaanxi Construction Machinery Co. Ltd. A was the biggest gainer during the session, surging 10% to CNY3.18, and SEC Electric Machinery Co. Ltd. surged 10% to CNY15.14. Ningbo Zhongbai Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 10% to CNY8.12.

In Taiwan, X-LEGEND Entertainment Co. Ltd. posted the biggest decline among large companies, dropping 9.7% to NT$116.00, followed by shares of In-Win Development Inc., which dropped 8.5% to NT$98.80. Shares of Shihlin Electric & Engineering Corp. dropped 8.3% to NT$316.00.

Chenming Electronic Technology Corp. was the biggest gainer among large Taiwan companies during the session, surging 10% to NT$73.70, and WT Microelectronics Co. Ltd. surged 10% to NT$149.00. Air Asia Co. Ltd. rounded out the top three movers, as shares surged 10% to NT$40.85.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.23 while the New Taiwan dollar strengthened 0.1% against the U.S. dollar at NT$31.97.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 10, 2024 04:30 ET (08:30 GMT)

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Greater China Stocks Close Mixed Wednesday; Hong Kong Leads Gainers

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