Greater China Stocks Close Mixed Tuesday; Hong Kong Leads Gainers

Dow Jones09-10

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

Stocks in Greater China were mixed on Tuesday.

Hong Kong's Hang Seng Index rose 0.4% to 17271.93, and China's Shanghai Composite Index rose 0.3% to 2744.19. The Taiwan Taiex index slipped 0.4% to 21064.08.

Among Hang Seng constituents, Li Auto Inc. was the biggest gainer during the session, surging 5.9%, and Chow Tai Fook Jewellery Group Ltd. gained 4.7%. Alibaba Group Holding Ltd. rounded out the top three movers on Tuesday, as shares gained 4.7%.

WuXi AppTec Co. Ltd. posted the largest decline among companies on the Hang Seng, dropping 9.7%, followed by shares of Longfor Group Holdings Ltd., which fell 4.3%. Shares of Xinyi Solar Holdings Ltd. fell 4.1%.

Among large mainland China stocks, Beijing Dynamic Power Co. Ltd. A was the biggest gainer during the session, surging 10%, and Shandong Homey Aquatic Development Co. Ltd. A surged 10%. Shanghai Foreign Service Holding Group Co. Ltd. A rounded out the top three movers on Tuesday, as shares surged 10%.

Zhejiang Sunriver Culture Tourism Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Kunshan Kersen Science & Technology Co. Ltd. A, which dropped 10%. Shares of Dazhong Transportation Group Co. Ltd. A dropped 10%.

In Taiwan, Meiloon Industrial Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Chroma Ate Inc. surged 6.8% Global PMX Co. Ltd. rounded out the top three movers, as shares surged 6.1%.

Taimide Technology Inc. posted the largest decline, dropping 10%, followed by shares of Turvo International Co. Ltd., which dropped 9.9%. Shares of Favite Inc. dropped 9.9%.

On the currency front, the onshore yuan weakened 0.1% against the U.S. dollar to CNY7.12 while the New Taiwan dollar weakened 0.2% against the U.S. dollar at NT$32.19.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

September 10, 2024 03:30 ET (07:30 GMT)

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