Greater China Stocks Close Mixed; Taiwan Stocks Rise

Dow Jones10-11

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

Stocks in Greater China were mixed on Friday.

Hong Kong's stock exchange was closed, while China's Shanghai Composite Index fell 2.5% to 3217.74. The Taiwan Taiex index gained 1.1% to 22901.64.

Among large mainland China stocks, Tianjin Troila Information Technology Co. Ltd. A was the biggest gainer during the session, surging 10%, and Gree Real Estate Co. Ltd. A surged 10%. Jiangxi Hungpai New Material Co. Ltd. A rounded out the top three movers on Friday, as shares surged 10%.

Jiangsu HHCK Advanced Materials Co. Ltd. A posted the largest decline, dropping 16%, followed by shares of Beijing Jingwei Hirain Technologies Co. Ltd. A, which dropped 15%. Shares of Suzhou Recodeal Interconnect System Co. Ltd. A dropped 14%.

In Taiwan, Polytronics Technology Corp. was the biggest gainer among large companies during the session, surging 10%, and Cal-Comp Electronics (Thailand) PCL TDR surged 10% MSSCORPS Co. Ltd. rounded out the top three movers, as shares surged 9.9%.

Sunko Ink Co. Ltd. posted the largest decline, dropping 10%, followed by shares of Team Group Inc., which dropped 10%. Shares of SciVision Biotech Inc. dropped 9.7%.

On the currency front, the onshore yuan strengthened 0.1% against the U.S. dollar to CNY7.07 while the New Taiwan dollar strengthened 0.2% against the U.S. dollar at NT$32.18.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

October 11, 2024 03:30 ET (07:30 GMT)

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

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment