Greater China Stocks Close Mixed; Shanghai Leads Gainers

Dow Jones11-20 15:30

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)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Greater China Stocks Close Mixed; Shanghai Leads Gainers

Comments