Greater China Stocks Close Mixed Wednesday; Taiwan Stocks Rise

Dow Jones05-15

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

Stocks in Greater China were mixed on Wednesday.

Hong Kong's stock exchange was closed, while China's Shanghai Composite Index slipped 0.8% to 3119.90. The Taiwan Taiex index rose 0.8% to 21147.21.

Among large mainland China stocks, MLOptic Corp. A was the biggest gainer during the session, surging 10% to CNY94.32, and Everbright Jiabao Co. Ltd. A surged 10% to CNY2.48. Danhua Chemical Technology Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 10% to CNY3.04.

Kama Co. Ltd. B posted the largest decline, dropping 10% to CNY0.115, followed by shares of Shanghai Huili Building Materials Co. Ltd. B, which dropped 10% to CNY0.268. Shares of Zheshang Securities Co. Ltd. dropped 10% to CNY12.06.

In Taiwan, Spirox Corp. was the biggest gainer among large companies during the session, surging 10% to NT$77.00, and Ability Enterprise Co. Ltd. surged 10% to NT$51.20. C Sun Mfg. Ltd. rounded out the top three movers, as shares surged 10% to NT$132.50.

Inventec Corp. posted the largest decline, dropping 7.6% to NT$54.50, followed by shares of Lungteh Shipbuilding Co. Ltd., which dropped 7.4% to NT$125.50. Shares of Evergreen Marine Corp. (Taiwan) Ltd. dropped 5.3% to NT$203.50.

On the currency front, the onshore yuan strengthened 0.2% against the U.S. dollar to CNY7.22 while the New Taiwan dollar strengthened 0.6% against the U.S. dollar at NT$32.14.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

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

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