Greater China Stocks Close Mixed; Shanghai Stocks Rise

Dow Jones09-18

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

Stocks in Greater China were mixed on Wednesday.

Hong Kong's stock exchange was closed, while China's Shanghai Composite Index rose 0.5% to 2717.28. The Taiwan Taiex index slipped 0.8% to 21678.84.

Among large mainland China stocks, Dalian Thermal Power Co. Ltd. A was the biggest gainer during the session, surging 10%, and Shanghai Highly (Group) Co. Ltd. B surged 10%. Hubei Mailyard Share Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 10%.

China Tourism & Culture Investment Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Shanghai Guijiu Co. Ltd. A, which dropped 10%. Shares of Heilongjiang Interchina Water Treatment Co. Ltd. A dropped 9.8%.

In Taiwan, Daxin Materials Corp. was the biggest gainer among large companies during the session, surging 10%, and Scientech Corp. surged 9.9% Excellence Optoelectronics Inc. rounded out the top three movers, as shares surged 9.9%.

Shin Kong Financial Holding Co. Ltd. posted the largest decline, dropping 7.9%, followed by shares of Novatek Microelectronics Corp., which dropped 6.1%. Shares of Allied Supreme Corp. dropped 6.1%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.10 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$31.99.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

September 18, 2024 03:30 ET (07:30 GMT)

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