Greater China Stocks Close Mixed; Hong Kong Stocks Rise

Dow Jones01-27

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 rose 0.7% to 20197.77, and China's Shanghai Composite Index slipped 0.1% to 3250.60. Taiwan's stock exchange was closed.

Among Hang Seng constituents, Hang Lung Properties Ltd. was the biggest gainer during the session, gaining 4.4%, and Baidu Inc. gained 3.9%. Kuaishou Technology rounded out the top three movers on Monday, as shares gained 3.8%.

Semiconductor Manufacturing International Corp. posted the largest decline among companies on the Hang Seng, dropping 7.6%, followed by shares of Sunny Optical Technology Group Co. Ltd., which fell 3.9%. Shares of Chow Tai Fook Jewellery Group Ltd. fell 2.3%.

Among large mainland China stocks, Guangzhou Anyka Microelectronics Co. Ltd. A was the biggest gainer during the session, surging 11%, and Jinan High-Tech Development Co. Ltd. A surged 10%. Liaoning Energy Industry Co. Ltd. A rounded out the top three movers on Monday, as shares surged 10%.

Henan ShiJia Photons Technology Co. Ltd. A posted the largest decline, dropping 17%, followed by shares of Yangtze Optical Electronic Co. Ltd. A, which dropped 13%. Shares of Bonree Data Technology Co. Ltd. A dropped 13%.

On the currency front, the onshore yuan weakened 0.3% against the U.S. dollar to CNY7.26 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.80.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

January 27, 2025 03:30 ET (08:30 GMT)

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