Greater China Stocks Rise; Hong Kong Posts Largest Increase

Dow Jones09-19 15:31

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

Stocks in Greater China gained on Thursday.

Hong Kong's Hang Seng Index gained 2.0% to 18017.30, and China's Shanghai Composite Index rose 0.7% to 2736.02. The Taiwan Taiex index gained 1.7% to 22042.69.

Among Hang Seng constituents, Haier Smart Home Co. Ltd. was the biggest gainer during the session, surging 7.9%, and China Resources Land Ltd. surged 7.3%. JD.com Inc. rounded out the top three movers on Thursday, as shares surged 7.2%.

CK Infrastructure Holdings Ltd. posted the largest decline among companies on the Hang Seng, falling 2.3%, followed by shares of Zhongsheng Group Holdings Ltd., which fell 2.0%. Shares of Tingyi (Cayman Islands) Holding Corp. fell 1.8%.

Among large mainland China stocks, Hinova Pharmaceuticals Inc. A was the biggest gainer during the session, surging 20%, and Sansec Technology Co. Ltd. A surged 10%. Tianjin Troila Information Technology Co. Ltd. A rounded out the top three movers on Thursday, as shares surged 10%.

Shandong Hi-Speed Co. Ltd. A posted the largest decline, dropping 7.7%, followed by shares of Beijing Airport High-Tech Park Co. Ltd. A, which dropped 7.2%. Shares of Qingdao Port International Co. Ltd. A dropped 6.4%.

In Taiwan, Sixxon Tech Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Sunko Ink Co. Ltd. surged 10% Chaintech Technology Corp. rounded out the top three movers, as shares surged 10%.

Formosa Oilseed Processing Co. Ltd. posted the largest decline, dropping 9.9%, followed by shares of Goldsun Building Materials Co. Ltd., which dropped 5.5%. Shares of Chien Shing Stainless Steel Co. Ltd. dropped 5.2%.

On the currency front, the onshore yuan strengthened 0.2% against the U.S. dollar to CNY7.07 while the New Taiwan dollar strengthened 0.2% against the U.S. dollar at NT$31.94.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

September 19, 2024 03:31 ET (07:31 GMT)

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Greater China Stocks Rise; Hong Kong Posts Largest Increase

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