Greater China Stocks Close Mixed Friday; Hong Kong Stocks Rise

Dow Jones10-04

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

Stocks in Greater China were mixed on Friday.

Hong Kong's Hang Seng Index gained 2.4% to 22643.44, and China's Shanghai Stock Exchange was closed. The Taiwan Taiex index slipped 0.4% to 22302.71.

Among Hang Seng constituents, Semiconductor Manufacturing International Corp. was the biggest gainer during the session, surging 24%, and Xinyi Glass Holdings Ltd. surged 13%. Wuxi Biologics (Cayman) Inc. rounded out the top three movers on Friday, as shares surged 12%.

Orient Overseas (International) Ltd. posted the largest decline among companies on the Hang Seng, dropping 8.7%, followed by shares of Shenzhou International Group Holdings Ltd., which fell 2.7%. Shares of New World Development Co. Ltd. fell 1.5%.

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

China Container Terminal Corp. posted the largest decline, dropping 10%, followed by shares of Wan Hai Lines Ltd., which dropped 10%. Shares of Creative Sensor Inc. dropped 9.9%.

On the currency front, the onshore yuan weakened 0.1% against the U.S. dollar to CNY7.05 while the New Taiwan dollar held steady against the U.S. dollar at NT$32.03.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 04, 2024 03:30 ET (07:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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The Taiwan Taiex index slipped 0.4% to 22302.71. \n\n\n  Among Hang Seng constituents, Semiconductor Manufacturing International Corp. was the biggest gainer during the session, surging 24%, and Xinyi Glass Holdings Ltd. surged 13%. Wuxi Biologics (Cayman) Inc. rounded out the top three movers on Friday, as shares surged 12%. \n\n\n  Orient Overseas (International) Ltd. posted the largest decline among companies on the Hang Seng, dropping 8.7%, followed by shares of Shenzhou International Group Holdings Ltd., which fell 2.7%. Shares of New World Development Co. Ltd. fell 1.5%. \n\n\n  In Taiwan, Biostar Microtech International Corp. was the biggest gainer among large companies during the session, surging 10%, and Loop Telecommunication International Inc. surged 10% Eurocharm Holdings Co. 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