Greater China Stocks Close Mixed; Taiwan Leads Gainers

Dow Jones10-21 15:30

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 fell 1.5% to 20492.52, and China's Shanghai Composite Index rose 0.2% to 3268.11. The Taiwan Taiex index rose 0.2% to 23542.53.

Among Hang Seng constituents, Xinyi Solar Holdings Ltd. was the biggest gainer during the session, gaining 4.1%, and China Overseas Land & Investment Ltd. gained 2.8%. China Hongqiao Group Ltd. rounded out the top three movers on Monday, as shares gained 1.3%.

Netease Inc. posted the largest decline among companies on the Hang Seng, falling 4.4%, followed by shares of Sands China Ltd., which fell 3.9%. Shares of Trip.com Group Ltd. fell 3.9%.

Among large mainland China stocks, Grandit Co. Ltd. A was the biggest gainer during the session, surging 20%, and Chengdu M&S Electronics Technology Co. Ltd. A surged 20%. Hangzhou SDIC Microelectronics Inc. A rounded out the top three movers on Monday, as shares surged 20%.

Everbright Jiabao Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Zhejiang Huada New Materials Co. Ltd. A, which dropped 9.0%. Shares of Cinda Real Estate Co. Ltd. dropped 8.9%.

In Taiwan, Favite Inc. was the biggest gainer among large companies during the session, surging 10%, and Kinsus Interconnect Technology Corp. surged 10% Asmedia Technology Inc. rounded out the top three movers, as shares surged 10%.

Iron Force Industrial Co. Ltd. posted the largest decline, falling 4.9%, followed by shares of JSL Construction & Development Co. Ltd., which fell 4.4%. Shares of Patec Precision Industry Co. Ltd. fell 4.3%.

On the currency front, the onshore yuan weakened 0.2% against the U.S. dollar to CNY7.11 while the New Taiwan dollar strengthened 0.3% against the U.S. dollar at NT$31.97.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 21, 2024 03:30 ET (07:30 GMT)

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Greater China Stocks Close Mixed; Taiwan Leads Gainers

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