Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones10-16

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

Stocks in Greater China were mixed on Wednesday.

Hong Kong's Hang Seng Index rose 0.5% to 20416.33, and China's Shanghai Composite Index rose 0.1% to 3202.95. The Taiwan Taiex index fell 1.2% to 23010.98.

Among Hang Seng constituents, Longfor Group Holdings Ltd. was the biggest gainer during the session, surging 8.0%, and China Hongqiao Group Ltd. surged 5.5%. China Overseas Land & Investment Ltd. rounded out the top three movers on Wednesday, as shares gained 4.4%.

Galaxy Entertainment Group Ltd. posted the largest decline among companies on the Hang Seng, falling 3.9%, followed by shares of JD Health International Inc., which fell 3.4%. Shares of Sunny Optical Technology Group Co. Ltd. fell 3.3%.

Among large mainland China stocks, Sichuan Tianwei Electronic Co. Ltd. A was the biggest gainer during the session, surging 16%, and Guangdong Anda Automation Solutions Co. Ltd. A surged 13%. Chongqing Iron & Steel Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 10%.

Shenzhen Breo Technology Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of iRay Technology Co. Ltd. A, which dropped 9.3%. Shares of Ningbo Deye Technology Co. Ltd. A dropped 8.9%.

In Taiwan, Alltek Technology Corp. was the biggest gainer among large companies during the session, surging 10%, and Biostar Microtech International Corp. surged 9.9% Epileds Technologies Inc. rounded out the top three movers, as shares surged 9.9%.

Sino Horizon Holdings Ltd. posted the largest decline, dropping 6.7%, followed by shares of Formosa Oilseed Processing Co. Ltd., which dropped 6.4%. Shares of APAQ Technology Co. Ltd. dropped 5.8%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.12 while the New Taiwan dollar strengthened 0.2% against the U.S. dollar at NT$32.17.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 16, 2024 03:30 ET (07:30 GMT)

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Greater China Stocks Close Mixed; Hong Kong Leads Gainers

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