Greater China Stocks Close Mixed Thursday; Hong Kong Leads Gainers

Dow Jones07-18

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 0.6% to 17847.75, and China's Shanghai Composite Index rose 0.5% to 2977.13. The Taiwan Taiex index fell 1.6% to 23398.47.

Among Hang Seng constituents, Nongfu Spring Co. Ltd. was the biggest gainer during the session, surging 7.7%, and China Hongqiao Group Ltd. gained 3.9%. ENN Energy Holdings Ltd. rounded out the top three movers on Thursday, as shares gained 3.4%.

Trip.com Group Ltd. posted the largest decline among companies on the Hang Seng, falling 2.8%, followed by shares of Sunny Optical Technology Group Co. Ltd., which fell 2.5%. Shares of Baidu Inc. fell 2.4%.

Among large mainland China stocks, Kingsemi Co. Ltd. A was the biggest gainer during the session, surging 14%, and Heilongjiang Transport Development Co. Ltd. surged 10%. Shanghai Jiao Yun Group Co. Ltd. A rounded out the top three movers on Thursday, as shares surged 10%.

China Grand Automotive Services Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Beijing New Space Technology Co. Ltd. A, which dropped 10%. Shares of Orient Group Inc. A dropped 9.6%.

In Taiwan, King's Town Construction Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Bonny Worldwide Ltd. surged 10% Hitron Technologies Inc. rounded out the top three movers, as shares surged 9.9%.

Favite Inc. posted the largest decline, dropping 8.6%, followed by shares of Far Eastern New Century Corp., which dropped 8.5%. Shares of APAQ Technology Co. Ltd. dropped 8.3%.

On the currency front, the onshore yuan strengthened 0.1% against the U.S. dollar to CNY7.26 while the New Taiwan dollar weakened 0.2% against the U.S. dollar at NT$32.61.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

July 18, 2024 03:30 ET (07:30 GMT)

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