Greater China Stocks Close Mixed Tuesday; Taiwan Leads Gainers

Dow Jones07-16

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

Stocks in Greater China were mixed on Tuesday.

Hong Kong's Hang Seng Index fell 1.5% to 17744.89, and China's Shanghai Composite Index rose 0.1% to 2976.30. The Taiwan Taiex index rose 0.5% to 23997.25.

Among Hang Seng constituents, Sunny Optical Technology Group Co. Ltd. was the biggest gainer during the session, surging 7.1%, and BYD Electronic (International) Co. Ltd. gained 4.1%. WH Group Ltd. rounded out the top three movers on Tuesday, as shares gained 3.1%.

Ping An Insurance (Group) Co. of China Ltd. posted the largest decline among companies on the Hang Seng, dropping 5.7%, followed by shares of Orient Overseas (International) Ltd., which fell 4.7%. Shares of Tingyi (Cayman Islands) Holding Corp. fell 4.6%.

Among large mainland China stocks, Cambricon Technologies Corp. Ltd. A was the biggest gainer during the session, surging 20%, and Jadard Technology Inc. A surged 20%. MEMSensing Microsystems Suzhou China Co. Ltd. A rounded out the top three movers on Tuesday, as shares surged 12%.

China Grand Automotive Services Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Argus (Shanghai) Textile Chemicals Co. Ltd. A, which dropped 8.8%. Shares of Zhejiang Juhua Co. Ltd. A dropped 8.7%.

In Taiwan, TPK Holding Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and We & Win Development Co. Ltd. surged 10% Kee Tai Properties Co. Ltd. rounded out the top three movers, as shares surged 10%.

Enlight Corp. posted the largest decline, dropping 10%, followed by shares of Tong-Tai Machine & Tool Co. Ltd., which dropped 9.9%. Shares of Swancor Holding Co. Ltd. dropped 6.4%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.26 while the New Taiwan dollar strengthened 0.1% against the U.S. dollar at NT$32.60.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 16, 2024 03:31 ET (07:31 GMT)

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Greater China Stocks Close Mixed Tuesday; Taiwan Leads Gainers

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