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Greater China Stocks Close Mixed Friday; Hong Kong Leads Gainers

Dow Jones05-10

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 2.3% to 18963.68, and China's Shanghai Composite Index was flat at 3154.55. The Taiwan Taiex index rose 0.7% to 20708.84.

Among Hang Seng constituents, Hong Kong Exchanges & Clearing Ltd. was the biggest gainer during the session, surging 7.6% to HK$285.80, and China Resources Land Ltd. surged 7.2% to HK$32.10. China Construction Bank Corp. rounded out the top three movers on Friday, as shares surged 6.8% to HK$5.64.

Sunny Optical Technology Group Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 1.7% to HK$42.15, followed by shares of Li Auto Inc., which fell 1.6% to HK$105.50. Shares of Xinyi Solar Holdings Ltd. fell 1.5% to HK$5.77.

Among large mainland China stocks, Tande Co. Ltd. A was the biggest gainer during the session, surging 10% to CNY2.83, and Nanjing Chemical Fibre Co. Ltd. A surged 10% to CNY4.7. ChiMin Health Management Co. Ltd. A rounded out the top three movers on Friday, as shares surged 10% to CNY9.33.

Dosilicon Co. Ltd. A posted the largest decline, dropping 10% to CNY22.95, followed by shares of Suzhou Xingye Materials Technology Co. Ltd. A, which dropped 10% to CNY12.83. Shares of Sun-Create Electronics Co. Ltd. A dropped 10% to CNY22.4.

In Taiwan, Wan Hai Lines Ltd. was the biggest gainer among large companies during the session, surging 10% to NT$63.80, and TYC Brother Industrial Co. Ltd. surged 10% to NT$58.30. Tainan Enterprises Co. Ltd. rounded out the top three movers, as shares surged 10% to NT$42.95.

Cryomax Cooling System Corp. posted the largest decline, dropping 10% to NT$69.40, followed by shares of Kao Hsing Chang Iron & Steel Corp., which dropped 9.6% to NT$25.45. Shares of Compeq Manufacturing Co. Ltd. dropped 8.0% to NT$72.50.

On the currency front, the onshore yuan weakened 0.1% against the U.S. dollar to CNY7.22 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.42.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 10, 2024 04:30 ET (08:30 GMT)

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