Greater China Stocks Rise Monday; Taiwan Posts Largest Increase

Dow Jones04-29

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

Stocks in Greater China gained on Monday.

Hong Kong's Hang Seng Index rose 0.5% to 17737.62, and China's Shanghai Composite Index rose 0.8% to 3113.04. The Taiwan Taiex index gained 1.9% to 20495.52.

Among Hang Seng constituents, Country Garden Services Holdings Co. Ltd. was the biggest gainer during the session, surging 10% to HK$5.41, and Longfor Group Holdings Ltd. surged 6.9% to HK$11.76. AIA Group Ltd. rounded out the top three movers on Monday, as shares surged 6.1% to HK$57.30.

Sinopharm Group Co. Ltd. posted the largest decline among companies on the Hang Seng, dropping 6.3% to HK$20.20, followed by shares of Trip.com Group Ltd., which dropped 5.0% to HK$386.20. Shares of China Hongqiao Group Ltd. fell 3.6% to HK$10.66.

Among large mainland China stocks, Guangdong Fangyuan New Materials Group Co. Ltd. A was the biggest gainer during the session, surging 20% to CNY5.2, and Cabio Biotech (Wuhan) Co. Ltd. A surged 20% to CNY17.58. Shenzhen Qingyi Photomask Ltd. rounded out the top three movers on Monday, as shares surged 17% to CNY20.8.

Xiamen King Long Motor Group Co. Ltd. posted the largest decline, dropping 10% to CNY8.15, followed by shares of Yongyue Science & Technology Co. Ltd. A, which dropped 9.9% to CNY5.09. Shares of Jiangsu Boxin Investing & Holdings Co. Ltd. A dropped 9.9% to CNY4.64.

In Taiwan, JMC Electronics Co. Ltd. was the biggest gainer among large companies during the session, surging 10% to NT$47.30, and Spirox Corp. surged 10% to NT$78.30. Yuan Jen Enterprises Co. Ltd. rounded out the top three movers, as shares surged 10% to NT$48.60.

Silicon Integrated Systems Corp. posted the largest decline, dropping 9.8% to NT$61.90, followed by shares of Lan Fa Textile Co. Ltd., which dropped 6.7% to NT$11.10. Shares of Solomon Technology Corp. dropped 6.6% to NT$98.50.

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$32.58.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 29, 2024 03:30 ET (07:30 GMT)

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Greater China Stocks Rise Monday; Taiwan Posts Largest Increase

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