Greater China Stocks Rise Thursday; Hong Kong SeesS Largest Increase

Dow Jones04-18

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

Stocks in Greater China gained on Thursday.

Hong Kong's Hang Seng Index rose 0.8% to 16385.87, and China's Shanghai Composite Index rose 0.1% to 3074.22. The Taiwan Taiex index rose 0.4% to 20301.20.

Among Hang Seng constituents, Shenzhou International Group Holdings Ltd. was the biggest gainer during the session, surging 5.1% to HK$73.35, and Haier Smart Home Co. Ltd. gained 4.3% to HK$26.60. Zhongsheng Group Holdings Ltd. rounded out the top three movers on Thursday, as shares gained 4.2% to HK$13.40.

Xinyi Glass Holdings Ltd. posted the largest decline among companies on the Hang Seng, falling 4.4% to HK$7.88, followed by shares of CNOOC Ltd., which fell 2.2% to HK$18.40. Shares of China Hongqiao Group Ltd. fell 1.9% to HK$9.77.

Among large mainland China stocks, Traffic Control Technology Co. Ltd. A was the biggest gainer during the session, surging 20% to CNY19.62, and Sinocelltech Group Ltd. A surged 15% to CNY42.84. Eyebright Medical Technology Beijing Co. Ltd. A rounded out the top three movers on Thursday, as shares surged 10% to CNY138.29.

Kama Co. Ltd. B posted the largest decline, dropping 10% to CNY0.186, followed by shares of Jiangsu Boxin Investing & Holdings Co. Ltd. A, which dropped 10% to CNY5.69. Shares of Noblelift Intelligent Equipment Co. Ltd. A dropped 9.8% to CNY20.94.

In Taiwan, China Ecotek Corp. was the biggest gainer among large companies during the session, surging 10% to NT$91.30, and Aces Electronics Co. Ltd. surged 10% to NT$39.60. Sunspring Metal Corp. rounded out the top three movers, as shares surged 10% to NT$30.80.

China Motor Corp. posted the largest decline, dropping 5.2% to NT$137.50, followed by shares of Tong Ming Enterprise Co. Ltd., which fell 4.7% to NT$29.20. Shares of Foxsemicon Integrated Technology Inc. fell 4.7% to NT$294.00.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.24 while the New Taiwan dollar held steady against the U.S. dollar at NT$32.39.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 18, 2024 04:30 ET (08:30 GMT)

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Greater China Stocks Rise Thursday; Hong Kong SeesS Largest Increase

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