Greater China Stocks Close Mixed Thursday; Hong Kong Stocks Rise

Dow Jones05-02

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

Stocks in Greater China were mixed on Thursday.

Hong Kong's Hang Seng Index gained 2.5% to 18207.13, and China's Shanghai Stock Exchange was closed. The Taiwan Taiex index slipped 0.9% to 20222.44.

Among Hang Seng constituents, Country Garden Services Holdings Co. Ltd. was the biggest gainer during the session, surging 13% to HK$5.97, and Alibaba Health Information Technology Ltd. surged 11% to HK$3.28. JD Health International Inc. rounded out the top three movers on Thursday, as shares surged 11% to HK$30.05.

PetroChina Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 3.8% to HK$7.10, followed by shares of Techtronic Industries Co. Ltd., which fell 3.3% to HK$105.80. Shares of China Resources Power Holdings Co. Ltd. fell 2.2% to HK$19.08.

In Taiwan, Ezconn Corp. was the biggest gainer among large companies during the session, surging 10% to NT$159.50, and Farglory Land Development Co. Ltd. surged 10% to NT$80.60. Sunty Development Co. Ltd. rounded out the top three movers, as shares surged 10% to NT$24.85.

Yuan Jen Enterprises Co. Ltd. posted the largest decline, dropping 10% to NT$44.30, followed by shares of Sunplus Technology Co. Ltd., which dropped 7.9% to NT$28.60. Shares of Voltronic Power Technology Corp. dropped 6.5% to NT$1,450.00.

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$32.51.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 02, 2024 04:30 ET (08:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment