Greater China Stocks Close Mixed; Shanghai Leads Gainers

Dow Jones10-14

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

Stocks in Greater China were mixed on Monday.

Hong Kong's Hang Seng Index slipped 0.9% to 21070.84, and China's Shanghai Composite Index gained 2.1% to 3284.32. The Taiwan Taiex index rose 0.3% to 22975.29.

Among Hang Seng constituents, China Resources Land Ltd. was the biggest gainer during the session, surging 6.6%, and China Overseas Land & Investment Ltd. surged 5.9%. Semiconductor Manufacturing International Corp. rounded out the top three movers on Monday, as shares surged 5.1%.

Anta Sports Products Ltd. posted the largest decline among companies on the Hang Seng, dropping 8.5%, followed by shares of Zhongsheng Group Holdings Ltd., which dropped 7.2%. Shares of Meituan dropped 5.3%.

Among large mainland China stocks, Jadard Technology Inc. A was the biggest gainer during the session, surging 20%, and Guotai Epoint Software Co. Ltd. A surged 20%. Wuhan Citms Technology Co. Ltd. A rounded out the top three movers on Monday, as shares surged 18%.

Gansu Guofang Industry & Trade Group Co. Ltd. A posted the largest decline, dropping 8.1%, followed by shares of China International Capital Corp. Ltd., which dropped 8.0%. Shares of Spring Airlines Co. Ltd. dropped 5.9%.

In Taiwan, G-TECH Optoelectronics Corp. was the biggest gainer among large companies during the session, surging 10%, and CyberTAN Technology Inc. surged 10% Ezconn Corp. rounded out the top three movers, as shares surged 9.9%.

Zippy Technology Corp. posted the largest decline, dropping 9.9%, followed by shares of Taiwan Fu Hsing Industrial Co. Ltd., which dropped 7.2%. Shares of Castles Technology Co. Ltd. dropped 6.2%.

On the currency front, the onshore yuan weakened 0.2% against the U.S. dollar to CNY7.08 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.17.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 14, 2024 03:30 ET (07:30 GMT)

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Greater China Stocks Close Mixed; Shanghai Leads Gainers

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