Greater China Stocks Close Mixed Thursday; Taiwan Leads Gainers

Dow Jones06-13

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 rose 0.8% to 18080.81, and China's Shanghai Composite Index slipped 0.3% to 3028.92. The Taiwan Taiex index gained 1.2% to 22312.04.

Among Hang Seng constituents, BYD Co. Ltd. was the biggest gainer during the session, surging 5.9%, and BYD Electronic (International) Co. Ltd. gained 4.2%. Techtronic Industries Co. Ltd. rounded out the top three movers on Thursday, as shares gained 4.1%.

China Hongqiao Group Ltd. posted the largest decline among companies on the Hang Seng, falling 3.2%, followed by shares of Wuxi Biologics (Cayman) Inc., which fell 2.6%. Shares of Haier Smart Home Co. Ltd. fell 2.4%.

Among large mainland China stocks, Shenzhen Xunjiexing Technology Corp. Ltd. was the biggest gainer during the session, surging 20%, and Shenzhen Kiwi Instruments Co. Ltd. A surged 20%. Shanghai Anlogic Infotech Co. Ltd. A rounded out the top three movers on Thursday, as shares surged 20%.

Jiangsu Xiehe Electronic Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Liaoning Shenhua Holdings Co. Ltd. A, which dropped 9.2%. Shares of Rightway Holdings Co. Ltd. A dropped 9.1%.

In Taiwan, Cheng Uei Precision Industry Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and EverFocus Electronics Corp. surged 10% Shin Zu Shing Co. Ltd. rounded out the top three movers, as shares surged 10%.

Draytek Corp. posted the largest decline, dropping 7.6%, followed by shares of Evergreen Steel Corp., which dropped 5.8%. Shares of TYC Brother Industrial Co. Ltd. dropped 5.2%.

On the currency front, the onshore yuan weakened 0.2% against the U.S. dollar to CNY7.25 while the New Taiwan dollar weakened 0.2% against the U.S. dollar at NT$32.33.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 13, 2024 03:31 ET (07:31 GMT)

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Greater China Stocks Close Mixed Thursday; Taiwan Leads Gainers

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