Greater China Stocks Close Mixed Monday; Hong Kong Leads Gainers

Dow Jones07-22

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 gained 1.3% to 17643.86, and China's Shanghai Composite Index slipped 0.6% to 2964.22. The Taiwan Taiex index fell 2.7% to 22256.99.

Among Hang Seng constituents, China Merchants Bank Co. Ltd. posted the largest decline, falling 1.5%, followed by shares of Haidilao International Holding Ltd., which fell 1.1%. Shares of Geely Automobile Holdings Ltd. slipped 0.9%.

Trip.com Group Ltd. was the biggest gainer among companies on the Hang Seng, surging 5.1%, and Xiaomi Corp. gained 4.4%. Lenovo Group Ltd. rounded out the top three movers on Monday, as shares gained 3.7%.

Among large mainland China stocks, China Grand Automotive Services Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Jiangxi Guoguang Commercial Chains Co. Ltd. A, which dropped 10%. Shares of Great Sun Foods Co. Ltd. A dropped 9.9%.

Heilongjiang Interchina Water Treatment Co. Ltd. A was the biggest gainer during the session, surging 10%, and Danhua Chemical Technology Co. Ltd. A surged 10%. Cashway Fintech Co. Ltd. A rounded out the top three movers on Monday, as shares surged 10%.

In Taiwan, Ezconn Corp. posted the biggest decline among large companies, dropping 10%, followed by shares of Hitron Technologies Inc., which dropped 10%. Shares of Tanvex BioPharma Inc. dropped 10%.

J&V Energy Technology Co. Ltd. was the biggest gainer among large Taiwan companies during the session, surging 10%, and Ace Pillar Co. Ltd. surged 9.6% Sino Horizon Holdings Ltd. rounded out the top three movers, as shares surged 8.8%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.27 while the New Taiwan dollar weakened 0.2% against the U.S. dollar at NT$32.86.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 22, 2024 03:30 ET (07:30 GMT)

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Greater China Stocks Close Mixed Monday; Hong Kong Leads Gainers

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