Greater China Stocks Close Mixed Monday; Shanghai Leads Gainers

Dow Jones04-15

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 slipped 0.7% to 16600.46, and China's Shanghai Composite Index gained 1.3% to 3057.38. The Taiwan Taiex index fell 1.4% to 20449.77.

Among Hang Seng constituents, Chow Tai Fook Jewellery Group Ltd. posted the largest decline, dropping 7.9% to HK$10.46, followed by shares of Li Ning Co. Ltd., which fell 4.6% to HK$18.12. Shares of Sands China Ltd. fell 4.6% to HK$20.95.

Lenovo Group Ltd. was the biggest gainer among companies on the Hang Seng, gaining 2.6% to HK$8.56, and Semiconductor Manufacturing International Corp. gained 2.4% to HK$14.52. PetroChina Co. Ltd. rounded out the top three movers on Monday, as shares gained 2.2% to HK$7.48.

Among large mainland China stocks, Jiangsu Maixinlin Aviation Science & Technology Corp. A posted the largest decline, dropping 20% to CNY31.75, followed by shares of Nanjing Vazyme Biotech Co. Ltd. A, which dropped 15% to CNY24.8. Shares of Fujian Foxit Software Development JSC Ltd. A dropped 15% to CNY51.49.

Shaanxi Construction Machinery Co. Ltd. A was the biggest gainer during the session, surging 10% to CNY4.24, and Wolong Resources Group Co. Ltd. A surged 10% to CNY4.59. Guanghui Logistics Co. Ltd. A rounded out the top three movers on Monday, as shares surged 10% to CNY7.88.

In Taiwan, L&K Engineering Co. Ltd. posted the biggest decline among large companies, dropping 10% to NT$329.50, followed by shares of T3EX Global Holdings Corp., which dropped 9.6% to NT$95.80. Shares of King Slide Works Co. Ltd. dropped 7.7% to NT$1,250.00.

Hold-Key Electric Wire & Cable Co. Ltd. was the biggest gainer among large Taiwan companies during the session, surging 10% to NT$47.35, and Air Asia Co. Ltd. surged 10% to NT$44.60. Globe Union Industrial Corp. rounded out the top three movers, as shares surged 10% to NT$18.20.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.24 while the New Taiwan dollar weakened 0.2% against the U.S. dollar at NT$32.37.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 15, 2024 04:30 ET (08:30 GMT)

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Greater China Stocks Close Mixed Monday; Shanghai Leads Gainers

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