Greater China Stocks Close Mixed; Shanghai Leads Gainers

Dow Jones10-28

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 rose 0.2% to 20633.64, and China's Shanghai Composite Index rose 0.7% to 3322.20. The Taiwan Taiex index slipped 0.6% to 23198.07.

Among Hang Seng constituents, Longfor Group Holdings Ltd. was the biggest gainer during the session, gaining 4.6%, and China Overseas Land & Investment Ltd. gained 4.4%. Sunny Optical Technology Group Co. Ltd. rounded out the top three movers on Monday, as shares gained 4.2%.

Xinyi Solar Holdings Ltd. posted the largest decline among companies on the Hang Seng, falling 3.8%, followed by shares of Orient Overseas (International) Ltd., which fell 2.0%. Shares of Haier Smart Home Co. Ltd. fell 1.8%.

Among large mainland China stocks, Sichuan Huiyu Pharmaceutical Co. Ltd. A was the biggest gainer during the session, surging 20%, and Beijing Deep Glint Technology Co. Ltd. A surged 20%. Hubei Chaozhuo Aviation Technology Co. Ltd. A rounded out the top three movers on Monday, as shares surged 20%.

Gansu Mogao Industrial Development Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Beijing ABT Networks Co. Ltd. A, which dropped 9.9%. Shares of Shenzhen Kiwi Instruments Co. Ltd. A dropped 9.3%.

In Taiwan, Taiwan Pelican Express Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Universal Microelectronics Co. Ltd. surged 9.9% Sixxon Tech Co. Ltd. rounded out the top three movers, as shares surged 9.9%.

Biostar Microtech International Corp. posted the largest decline, dropping 10%, followed by shares of Min Aik Precision Industrial Co. Ltd., which dropped 10%. Shares of Aaeon Technology Inc. dropped 9.2%.

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

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

October 28, 2024 03:31 ET (07:31 GMT)

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Greater China Stocks Close Mixed; Shanghai Leads Gainers

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