Greater China Stocks Close Mixed Monday; Shanghai Leads Gainers

Dow Jones07-15

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 fell 1.8% to 17963.22, and China's Shanghai Composite Index rose 0.1% to 2974.01. The Taiwan Taiex index slipped 0.2% to 23879.36.

Among Hang Seng constituents, Baidu Inc. posted the largest decline, dropping 6.3%, followed by shares of JD.com Inc., which dropped 5.4%. Shares of JD Health International Inc. dropped 5.3%.

China Shenhua Energy Co. Ltd. was the biggest gainer among companies on the Hang Seng, gaining 2.2%, and Zhongsheng Group Holdings Ltd. gained 1.9%. China Petroleum & Chemical Corp. rounded out the top three movers on Monday, as shares gained 1.0%.

Among large mainland China stocks, Guangdong Dongfeng New Materials Group Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Wencan Group Co. Ltd. A, which dropped 10%. Shares of Beihai Gofar Chuanshan Biological Co. Ltd. A dropped 9.9%.

Shanghai Shenda Co. Ltd. A was the biggest gainer during the session, surging 10%, and Qingdao Huijintong Power Equipment Co. Ltd. A surged 10%. Argus (Shanghai) Textile Chemicals Co. Ltd. A rounded out the top three movers on Monday, as shares surged 10%.

In Taiwan, Enlight Corp. posted the biggest decline among large companies, dropping 10%, followed by shares of Kaori Heat Treatment Co. Ltd., which dropped 9.9%. Shares of Super Dragon Technology Co. Ltd. dropped 8.0%.

Bora Pharmaceuticals Co. Ltd. was the biggest gainer among large Taiwan companies during the session, surging 10%, and iCatch Technology Inc. surged 10% Hiyes International Co. Ltd. rounded out the top three movers, as shares surged 10%.

On the currency front, the onshore yuan weakened 0.2% against the U.S. dollar to CNY7.26 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.58.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 15, 2024 03:30 ET (07:30 GMT)

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Greater China Stocks Close Mixed Monday; Shanghai Leads Gainers

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