Greater China Stocks Close Mixed Monday; Hong Kong Leads Gainers

Dow Jones08-26

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 1.1% to 17803.79, and China's Shanghai Composite Index was flat at 2855.52. The Taiwan Taiex index rose 0.4% to 22240.12.

Among Hang Seng constituents, Wuxi Biologics (Cayman) Inc. was the biggest gainer during the session, surging 6.8%, and Nongfu Spring Co. Ltd. surged 6.5%. Wharf Real Estate Investment Co. Ltd. rounded out the top three movers on Monday, as shares surged 5.9%.

Sinopharm Group Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 2.6%, followed by shares of Sunny Optical Technology Group Co. Ltd., which fell 2.5%. Shares of Zhongsheng Group Holdings Ltd. fell 2.0%.

Among large mainland China stocks, Hefei Jingsong Intelligent Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Pinming Technology Co. Ltd. A surged 12%. Farasis Energy (Gan Zhou) Co. Ltd. A rounded out the top three movers on Monday, as shares surged 12%.

China Grand Automotive Services Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Aerospace Nanhu Electronic Information Technology Co. Ltd. A, which dropped 10%. Shares of Shanghai Jinjiang Online Network Service Co. Ltd. A dropped 10%.

In Taiwan, ASRock Inc. was the biggest gainer among large companies during the session, surging 10%, and Biostar Microtech International Corp. surged 10% Aces Electronics Co. Ltd. rounded out the top three movers, as shares surged 9.9%.

AMIA Co. Ltd. posted the largest decline, dropping 9.4%, followed by shares of Scientech Corp., which dropped 7.2%. Shares of Johnson Health Tech Co. Ltd. dropped 7.0%.

On the currency front, the onshore yuan strengthened 0.1% against the U.S. dollar to CNY7.12 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$31.84.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

August 26, 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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