Greater China Stocks Close Mixed; Taiwan Leads Gainers

Dow Jones12-04

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 0.1% to 19767.53, and China's Shanghai Composite Index slipped 0.4% to 3364.65. The Taiwan Taiex index rose 1.0% to 23255.33.

Among Hang Seng constituents, China Shenhua Energy Co. Ltd. was the biggest gainer during the session, gaining 4.4%, and PetroChina Co. Ltd. gained 3.7%. China Hongqiao Group Ltd. rounded out the top three movers on Wednesday, as shares gained 2.9%.

CK Infrastructure Holdings Ltd. posted the largest decline among companies on the Hang Seng, falling 2.6%, followed by shares of Shenzhou International Group Holdings Ltd., which fell 2.5%. Shares of Xinyi Solar Holdings Ltd. fell 2.3%.

Among large mainland China stocks, EFORT Intelligent Equipment Co. Ltd. was the biggest gainer during the session, surging 20%, and Anhui Estone Materials Technology Co. Ltd. A surged 14%. Beijing Jingpin Tezhuang Technology Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 12%.

Dawei Technology (Guangdong) Group Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Wuxi Commercial Mansion Grand Orient Co. Ltd., which dropped 10%. Shares of Mubang High-Tech Co. Ltd. A dropped 10%.

In Taiwan, PCL Technologies Inc. was the biggest gainer among large companies during the session, surging 10%, and FSP Technology Inc. surged 10% Polytronics Technology Corp. rounded out the top three movers, as shares surged 10%.

Hitron Technologies Inc. posted the largest decline, dropping 9.5%, followed by shares of Shin Tai Industry Co. Ltd., which dropped 8.5%. Shares of Global View Co. Ltd. dropped 6.7%.

On the currency front, the onshore yuan strengthened 0.2% against the U.S. dollar to CNY7.27 while the New Taiwan dollar strengthened 0.5% against the U.S. dollar at NT$32.40.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 04, 2024 02:30 ET (07:30 GMT)

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Greater China Stocks Close Mixed; Taiwan Leads Gainers

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