Greater China Stocks Close Mixed Friday; Hong Kong Leads Gainers

Dow Jones07-26

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

Stocks in Greater China were mixed on Friday.

Hong Kong's Hang Seng Index rose 0.2% to 17036.74, and China's Shanghai Composite Index rose 0.1% to 2890.90. The Taiwan Taiex index fell 3.3% to 22119.21.

Among Hang Seng constituents, Haier Smart Home Co. Ltd. was the biggest gainer during the session, surging 5.9%, and Alibaba Health Information Technology Ltd. gained 3.5%. JD.com Inc. rounded out the top three movers on Friday, as shares gained 3.3%.

China Unicom (Hong Kong) Ltd. posted the largest decline among companies on the Hang Seng, falling 4.5%, followed by shares of WH Group Ltd., which fell 2.9%. Shares of Wharf Real Estate Investment Co. Ltd. fell 2.7%.

Among large mainland China stocks, Shanghai Hollywave Electronic System Co. Ltd. A was the biggest gainer during the session, surging 20%, and Chengdu Zhimingda Electronics Co. Ltd. A surged 12%. Hunan Aerospace Huanyu Communication Technology Co. Ltd. A rounded out the top three movers on Friday, as shares surged 11%.

China Grand Automotive Services Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of QuMei Home Furnishings Group Co. Ltd., which dropped 10%. Shares of Xiamen Xiangyu Co. Ltd. A dropped 10%.

In Taiwan, Hsin Ba Ba Corp. was the biggest gainer among large companies during the session, surging 10%, and Sports Gear Co. Ltd. surged 9.9% Sunspring Metal Corp. rounded out the top three movers, as shares surged 9.9%.

Airtac International Group posted the largest decline, dropping 10%, followed by shares of C Sun Mfg. Ltd., which dropped 9.9%. Shares of ASE Technology Holding Co. Ltd. dropped 9.9%.

On the currency front, the onshore yuan weakened 0.3% against the U.S. dollar to CNY7.25 while the New Taiwan dollar weakened 0.2% against the U.S. dollar at NT$32.81.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 26, 2024 03:31 ET (07:31 GMT)

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Greater China Stocks Close Mixed Friday; Hong Kong Leads Gainers

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