Greater China Stocks Close Mixed; Shanghai Leads Gainers

Dow Jones11-20

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 0.2% to 19704.49, and China's Shanghai Composite Index rose 0.7% to 3367.99. The Taiwan Taiex index slipped 0.7% to 22688.36.

Among Hang Seng constituents, Shenzhou International Group Holdings Ltd. was the biggest gainer during the session, surging 5.7%, and Sino Biopharmaceutical Ltd. gained 4.3%. Hansoh Pharmaceutical Group Co. Ltd. rounded out the top three movers on Wednesday, as shares gained 4.2%.

Tingyi (Cayman Islands) Holding Corp. posted the largest decline among companies on the Hang Seng, falling 3.1%, followed by shares of Geely Automobile Holdings Ltd., which fell 2.5%. Shares of Trip.com Group Ltd. fell 1.9%.

Among large mainland China stocks, Beijing Hotgen Biotech Co. Ltd. A was the biggest gainer during the session, surging 20%, and MEMSensing Microsystems Suzhou China Co. Ltd. A surged 20%. QuantumCTek Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 15%.

Shanghai Aiko Solar Energy Co. Ltd. A posted the largest decline, dropping 5.1%, followed by shares of Tianjin Troila Information Technology Co. Ltd. A, which fell 4.9%. Shares of YTO Express Group Co. Ltd. A fell 4.1%.

In Taiwan, Tanvex BioPharma Inc. was the biggest gainer among large companies during the session, surging 10%, and China Motor Corp. surged 10% RiTdisplay Corp. rounded out the top three movers, as shares surged 9.9%.

Xavi Technologies Corp. posted the largest decline, dropping 10%, followed by shares of Foxconn Technology Co. Ltd., which dropped 9.9%. Shares of Caswell Inc. dropped 9.9%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.24 while the New Taiwan dollar weakened 0.4% against the U.S. dollar at NT$32.49.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

November 20, 2024 02:30 ET (07:30 GMT)

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Greater China Stocks Close Mixed; Shanghai Leads Gainers

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