Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones10-23

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 gained 1.3% to 20760.58, and China's Shanghai Composite Index rose 0.5% to 3302.80. The Taiwan Taiex index slipped 0.9% to 23334.76.

Among Hang Seng constituents, Xinyi Solar Holdings Ltd. was the biggest gainer during the session, surging 12%, and Chow Tai Fook Jewellery Group Ltd. surged 8.7%. Geely Automobile Holdings Ltd. rounded out the top three movers on Wednesday, as shares surged 7.2%.

China Resources Power Holdings Co. Ltd. posted the largest decline among companies on the Hang Seng, dropping 6.8%, followed by shares of Li Ning Co. Ltd., which dropped 5.1%. Shares of Haier Smart Home Co. Ltd. fell 3.3%.

Among large mainland China stocks, Shanghai HIUV New Materials Co. Ltd. A was the biggest gainer during the session, surging 20%, and AVIC (Chengdu) UAS Co. Ltd. A surged 20%. Xinjiang Daqo New Energy Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 20%.

Runben Biotechnology Co. Ltd. A posted the largest decline, dropping 9.7%, followed by shares of Jilin OlED Material Tech Co. Ltd. A, which dropped 8.9%. Shares of Shanghai Xinhua Media Co. Ltd. dropped 8.5%.

In Taiwan, Min Aik Precision Industrial Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Daxin Materials Corp. surged 9.9% Xavi Technologies Corp. rounded out the top three movers, as shares surged 9.9%.

Lai Yih Footwear Co. Ltd. posted the largest decline, dropping 5.7%, followed by shares of Formosa Sumco Technology Corp., which dropped 5.4%. Shares of Creative Sensor Inc. dropped 5.1%.

On the currency front, the onshore yuan weakened 0.1% against the U.S. dollar to CNY7.13 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.08.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 23, 2024 03:30 ET (07:30 GMT)

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Greater China Stocks Close Mixed; Hong Kong Leads Gainers

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