Greater China Stocks Close Mixed Friday; Shanghai Leads Gainers

Dow Jones06-07

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

Stocks in Greater China were mixed on Friday.

Hong Kong's Hang Seng Index slipped 0.5% to 18383.24, and China's Shanghai Composite Index rose 0.1% to 3051.28. The Taiwan Taiex index slipped 0.2% to 21858.38.

Among Hang Seng constituents, Lenovo Group Ltd. posted the largest decline, dropping 6.5%, followed by shares of Xinyi Solar Holdings Ltd., which dropped 5.5%. Shares of Xinyi Glass Holdings Ltd. fell 4.8%.

China Resources Power Holdings Co. Ltd. was the biggest gainer among companies on the Hang Seng, gaining 2.5%, and China Resources Mixc Lifestyle Services Ltd. gained 2.4%. China Overseas Land & Investment Ltd. rounded out the top three movers on Friday, as shares gained 2.1%.

Among large mainland China stocks, GuangDong SongYang Recycle Resources Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Jiangsu Huachen Transformer Co. Ltd. A, which dropped 10%. Shares of Aerosun Corp. dropped 10%.

Shenzhen Intellifusion Technologies Co. Ltd. A was the biggest gainer during the session, surging 20%, and Henan Dayou Energy Co. Ltd. surged 10%. Zhengping Road & Bridge Construction Co. Ltd. A rounded out the top three movers on Friday, as shares surged 10%.

In Taiwan, Aaeon Technology Inc. posted the biggest decline among large companies, dropping 7.4%, followed by shares of Uniform Industrial Corp., which dropped 6.4%. Shares of EDOM Technology Co. Ltd. dropped 6.2%.

Tainan Enterprises Co. Ltd. was the biggest gainer among large Taiwan companies during the session, surging 10%, and Century Iron & Steel Industrial Co. Ltd. surged 10% San Far Property Ltd. rounded out the top three movers, as shares surged 10%.

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$32.25.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 07, 2024 03:31 ET (07:31 GMT)

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Greater China Stocks Close Mixed Friday; Shanghai Leads Gainers

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