Greater China Stocks Rise; Hong Kong Sees Largest Increase

Dow Jones03-18

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

Stocks in Greater China gained on Tuesday.

Hong Kong's Hang Seng Index gained 2.5% to 24740.57, and China's Shanghai Composite Index rose 0.1% to 3429.76. The Taiwan Taiex index rose 0.7% to 22271.67.

Among Hang Seng constituents, Baidu Inc. was the biggest gainer during the session, surging 12%, and WuXi AppTec Co. Ltd. surged 11%. Li Auto Inc. rounded out the top three movers on Tuesday, as shares surged 6.8%.

CK Infrastructure Holdings Ltd. posted the largest decline among companies on the Hang Seng, falling 2.9%, followed by shares of CK Hutchison Holdings Ltd., which fell 2.8%. Shares of Budweiser Brewing Co. APAC Ltd. fell 2.6%.

Among large mainland China stocks, Qingdao Yunlu Advanced Materials Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Beijing Tongyizhong New Material Technology Corp. A surged 15%. Shengyi Electronics Co. Ltd. A rounded out the top three movers on Tuesday, as shares surged 14%.

Jiangsu Cai Qin Technology Co. Ltd. A posted the largest decline, dropping 7.7%, followed by shares of Shanghai New Vision Microelectronics Co. Ltd. A, which dropped 7.3%. Shares of Shanghai Guijiu Co. Ltd. A dropped 5.9%.

In Taiwan, Chung Fu Tex-International Corp. was the biggest gainer among large companies during the session, surging 10%, and Abonmax Co. Ltd. surged 9.9% Sunty Development Co. Ltd. rounded out the top three movers, as shares surged 9.9%.

Microelectronics Technology Inc. posted the largest decline, dropping 10%, followed by shares of New Asia Construction & Development Corp., which dropped 6.0%. Shares of Shane Global Holding Inc. dropped 5.7%.

On the currency front, the onshore yuan strengthened 0.2% against the U.S. dollar to CNY7.22 while the New Taiwan dollar held steady against the U.S. dollar at NT$32.97.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

March 18, 2025 04:30 ET (08:30 GMT)

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Greater China Stocks Rise; Hong Kong Sees Largest Increase

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