• Like
  • Comment
  • Favorite

Greater China Stocks Close Mixed Monday; Hong Kong Leads Gainers

Dow Jones08-26

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 gained 1.1% to 17803.79, and China's Shanghai Composite Index was flat at 2855.52. The Taiwan Taiex index rose 0.4% to 22240.12.

Among Hang Seng constituents, Wuxi Biologics (Cayman) Inc. was the biggest gainer during the session, surging 6.8%, and Nongfu Spring Co. Ltd. surged 6.5%. Wharf Real Estate Investment Co. Ltd. rounded out the top three movers on Monday, as shares surged 5.9%.

Sinopharm Group Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 2.6%, followed by shares of Sunny Optical Technology Group Co. Ltd., which fell 2.5%. Shares of Zhongsheng Group Holdings Ltd. fell 2.0%.

Among large mainland China stocks, Hefei Jingsong Intelligent Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Pinming Technology Co. Ltd. A surged 12%. Farasis Energy (Gan Zhou) Co. Ltd. A rounded out the top three movers on Monday, as shares surged 12%.

China Grand Automotive Services Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Aerospace Nanhu Electronic Information Technology Co. Ltd. A, which dropped 10%. Shares of Shanghai Jinjiang Online Network Service Co. Ltd. A dropped 10%.

In Taiwan, ASRock Inc. was the biggest gainer among large companies during the session, surging 10%, and Biostar Microtech International Corp. surged 10% Aces Electronics Co. Ltd. rounded out the top three movers, as shares surged 9.9%.

AMIA Co. Ltd. posted the largest decline, dropping 9.4%, followed by shares of Scientech Corp., which dropped 7.2%. Shares of Johnson Health Tech Co. Ltd. dropped 7.0%.

On the currency front, the onshore yuan strengthened 0.1% against the U.S. dollar to CNY7.12 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$31.84.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

August 26, 2024 03:30 ET (07:30 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial