Greater China Stocks Rise Wednesday; Taiwan SeesS Largest Increase

Dow Jones04-24

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

Stocks in Greater China gained on Wednesday.

Hong Kong's Hang Seng Index gained 2.2% to 17201.27, and China's Shanghai Composite Index rose 0.8% to 3044.82. The Taiwan Taiex index gained 2.7% to 20131.74.

Among Hang Seng constituents, Li Ning Co. Ltd. was the biggest gainer during the session, surging 7.5% to HK$19.88, and China Hongqiao Group Ltd. surged 7.0% to HK$10.38. China Life Insurance Co. Ltd. rounded out the top three movers on Wednesday, as shares surged 5.6% to HK$10.04.

Sunny Optical Technology Group Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 3.6% to HK$34.45, followed by shares of Li Auto Inc., which fell 1.8% to HK$96.55. Shares of Wharf Real Estate Investment Co. Ltd. fell 1.5% to HK$23.00.

Among large mainland China stocks, Sichuan Tianwei Electronic Co. Ltd. A was the biggest gainer during the session, surging 20% to CNY25.03, and Suzhou Harmontronics Automation Technology Co. Ltd. A surged 20% to CNY15.67. Beijing Infosec Technologies Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 17% to CNY15.38.

Jinhua Chunguang Technology Co. Ltd. A posted the largest decline, dropping 10% to CNY15.8, followed by shares of Vantone Neo Development Group Co. Ltd. A, which dropped 10% to CNY6.95. Shares of Elion Energy Co. Ltd. A dropped 9.5% to CNY1.9.

In Taiwan, UniMicron Technology Corp. was the biggest gainer among large companies during the session, surging 10% to NT$187.00, and Solomon Technology Corp. surged 10% to NT$99.30. Kinik Co. rounded out the top three movers, as shares surged 10% to NT$243.00.

Tai Tung Communication Co. Ltd. posted the largest decline, dropping 9.2% to NT$21.80, followed by shares of Goldsun Building Materials Co. Ltd., which dropped 5.9% to NT$43.90. Shares of SanDi Properties Co. Ltd. fell 3.6% to NT$53.00.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.25 while the New Taiwan dollar held steady against the U.S. dollar at NT$32.57.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 24, 2024 04:30 ET (08:30 GMT)

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Greater China Stocks Rise Wednesday; Taiwan SeesS Largest Increase

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