Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones
2024-12-06

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 1.3% to 19823.55, and China's Shanghai Composite Index gained 1.0% to 3404.08. The Taiwan Taiex index slipped 0.3% to 23193.27.

Among Hang Seng constituents, WuXi AppTec Co. Ltd. was the biggest gainer during the session, surging 8.7%, and Wuxi Biologics (Cayman) Inc. surged 5.1%. Trip.com Group Ltd. rounded out the top three movers on Friday, as shares surged 5.1%.

Hansoh Pharmaceutical Group Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 2.2%, followed by shares of Sunny Optical Technology Group Co. Ltd., which fell 2.0%. Shares of China Hongqiao Group Ltd. fell 1.8%.

Among large mainland China stocks, Anhui Wanyi Science & Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Beijing Hotgen Biotech Co. Ltd. A surged 12%. Guangzhou Hexin Instrument Co. Ltd. A rounded out the top three movers on Friday, as shares surged 12%.

Shanghai DZH Ltd. A posted the largest decline, dropping 10%, followed by shares of GuangDong SongYang Recycle Resources Co. Ltd. A, which dropped 10%. Shares of Hainan Huluwa Pharmaceutical Group Co. Ltd. A dropped 10%.

In Taiwan, iCatch Technology Inc. was the biggest gainer among large companies during the session, surging 10%, and Skytech Inc. surged 9.9% Biostar Microtech International Corp. rounded out the top three movers, as shares surged 9.9%.

Caswell Inc. posted the largest decline, dropping 9.8%, followed by shares of FSP Technology Inc., which dropped 7.5%. Shares of Energenesis Biomedical Co. Ltd. dropped 7.1%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.26 while the New Taiwan dollar held steady against the U.S. dollar at NT$32.35.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 06, 2024 02:30 ET (07:30 GMT)

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