Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones12-06

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Greater China were mixed on Friday.

Hong Kong's Hang Seng Index gained 1.3% to 19823.55, and China's Shanghai Composite Index gained 1.0% to 3404.08. The Taiwan Taiex index slipped 0.3% to 23193.27.

Among Hang Seng constituents, WuXi AppTec Co. Ltd. was the biggest gainer during the session, surging 8.7%, and Wuxi Biologics (Cayman) Inc. surged 5.1%. Trip.com Group Ltd. rounded out the top three movers on Friday, as shares surged 5.1%.

Hansoh Pharmaceutical Group Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 2.2%, followed by shares of Sunny Optical Technology Group Co. Ltd., which fell 2.0%. Shares of China Hongqiao Group Ltd. fell 1.8%.

Among large mainland China stocks, Anhui Wanyi Science & Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Beijing Hotgen Biotech Co. Ltd. A surged 12%. Guangzhou Hexin Instrument Co. Ltd. A rounded out the top three movers on Friday, as shares surged 12%.

Shanghai DZH Ltd. A posted the largest decline, dropping 10%, followed by shares of GuangDong SongYang Recycle Resources Co. Ltd. A, which dropped 10%. Shares of Hainan Huluwa Pharmaceutical Group Co. Ltd. A dropped 10%.

In Taiwan, iCatch Technology Inc. was the biggest gainer among large companies during the session, surging 10%, and Skytech Inc. surged 9.9% Biostar Microtech International Corp. rounded out the top three movers, as shares surged 9.9%.

Caswell Inc. posted the largest decline, dropping 9.8%, followed by shares of FSP Technology Inc., which dropped 7.5%. Shares of Energenesis Biomedical Co. Ltd. dropped 7.1%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.26 while the New Taiwan dollar held steady against the U.S. dollar at NT$32.35.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 06, 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; Hong Kong Leads Gainers

Comments