Greater China Stocks Close Mixed; Taiwan Leads Gainers

Dow Jones12-09

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 slipped 0.4% to 19793.62, and China's Shanghai Composite Index was flat at 3402.53. The Taiwan Taiex index rose 0.3% to 23273.25.

Among Hang Seng constituents, WuXi AppTec Co. Ltd. was the biggest gainer during the session, surging 7.5%, and Wuxi Biologics (Cayman) Inc. surged 7.2%. BYD Electronic (International) Co. Ltd. rounded out the top three movers on Monday, as shares surged 6.7%.

China Mengniu Dairy Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 3.4%, followed by shares of Xinyi Glass Holdings Ltd., which fell 2.5%. Shares of Longfor Group Holdings Ltd. fell 2.1%.

Among large mainland China stocks, Jilin Joinature Polymer Co. Ltd. was the biggest gainer during the session, surging 20%, and Suzhou Veichi Electric Co. Ltd. A surged 15%. Hangzhou Kaierda Welding Robot Co. Ltd. A rounded out the top three movers on Monday, as shares surged 14%.

Genew Technologies Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of China Fortune Land Development Co. Ltd. A, which dropped 10%. Shares of Epoxy Base Electronic Material Corp. Ltd. dropped 10%.

In Taiwan, Yankey Engineering Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and ShunSin Technology Holdings Ltd. surged 9.9% China Container Terminal Corp. rounded out the top three movers, as shares surged 9.9%.

SYNergy ScienTech Corp. posted the largest decline, dropping 10%, followed by shares of RiTdisplay Corp., which dropped 9.9%. Shares of Young Fast Optoelectronics Co. Ltd. dropped 9.6%.

On the currency front, the onshore yuan weakened 0.1% against the U.S. dollar to CNY7.27 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.44.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 09, 2024 02:30 ET (07:30 GMT)

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