Greater China Stocks Rise Monday; Hong Kong Sees Largest Increase

Dow Jones08-19

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

Stocks in Greater China gained on Monday.

Hong Kong's Hang Seng Index rose 0.9% to 17592.77, and China's Shanghai Composite Index rose 0.5% to 2893.67. The Taiwan Taiex index rose 0.3% to 22409.63.

Among Hang Seng constituents, Li Ning Co. Ltd. was the biggest gainer during the session, surging 9.0%, and JD Health International Inc. surged 8.9%. Li Auto Inc. rounded out the top three movers on Monday, as shares surged 5.4%.

Zhongsheng Group Holdings Ltd. posted the largest decline among companies on the Hang Seng, falling 3.5%, followed by shares of Sino Biopharmaceutical Ltd., which fell 1.8%. Shares of Budweiser Brewing Co. APAC Ltd. fell 1.5%.

Among large mainland China stocks, Sichuan Changhong Electric Co. Ltd. A was the biggest gainer during the session, surging 10%, and Hubei Huarong Holding Co. Ltd. A surged 10%. Shanghai New Centurion Network Information Technology Co. Ltd. A rounded out the top three movers on Monday, as shares surged 10%.

China Grand Automotive Services Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Xinjiang Youhao Group Co. Ltd., which dropped 10%. Shares of Guizhou Transportation Planning Survey & Design Academe Co. Ltd. A dropped 10%.

In Taiwan, GMI Technology Inc. was the biggest gainer among large companies during the session, surging 10%, and Avermedia Technologies Inc. surged 10% Ability Enterprise Co. Ltd. rounded out the top three movers, as shares surged 10%.

Wiwynn Corp. posted the largest decline, falling 4.7%, followed by shares of Apex International Co. Ltd., which fell 4.5%. Shares of Chyang Sheng Dyeing & Finishing Co. Ltd. fell 4.5%.

On the currency front, the onshore yuan strengthened 0.3% against the U.S. dollar to CNY7.14 while the New Taiwan dollar strengthened 0.5% against the U.S. dollar at NT$32.00.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 19, 2024 03:30 ET (07:30 GMT)

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Greater China Stocks Rise Monday; Hong Kong Sees Largest Increase

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