Greater China Stocks Close Mixed Monday; Hong Kong Leads Gainers

Dow Jones06-17

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

Stocks in Greater China were mixed on Monday.

Hong Kong's Hang Seng Index was flat at 17942.90, and China's Shanghai Composite Index slipped 0.6% to 3015.89. The Taiwan Taiex index was flat at 22496.53.

Among Hang Seng constituents, BYD Electronic (International) Co. Ltd. was the biggest gainer during the session, surging 5.9%, and China Mengniu Dairy Co. Ltd. gained 3.6%. Tingyi (Cayman Islands) Holding Corp. rounded out the top three movers on Monday, as shares gained 2.8%.

China Resources Power Holdings Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 3.4%, followed by shares of ENN Energy Holdings Ltd., which fell 3.0%. Shares of China Resources Beer (Holdings) Co. Ltd. fell 2.8%.

Among large mainland China stocks, Shenzhen Yanmade Technology Inc. A was the biggest gainer during the session, surging 13%, and Guangzhou Risong Intelligent Technology Holding Co. Ltd. A surged 12%. Wuhan Yangtze Communication Industry Group Co. Ltd. rounded out the top three movers on Monday, as shares surged 10%.

Rightway Holdings Co. Ltd. A posted the largest decline, dropping 9.1%, followed by shares of Shanghai Film Co. Ltd. A, which dropped 8.8%. Shares of A-Zenith Home Furnishings Co. Ltd. A dropped 8.2%.

In Taiwan, Ace Pillar Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Cal-Comp Electronics (Thailand) PCL TDR surged 10% Min Aik Precision Industrial Co. Ltd. rounded out the top three movers, as shares surged 10%.

Tainan Enterprises Co. Ltd. posted the largest decline, dropping 10%, followed by shares of Team Group Inc., which dropped 9.8%. Shares of JSL Construction & Development Co. Ltd. dropped 7.1%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.26 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.36.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 17, 2024 03:31 ET (07:31 GMT)

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.

Greater China Stocks Close Mixed Monday; Hong Kong Leads Gainers

Comments