This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in Greater China fell on Friday.
Hong Kong's Hang Seng Index fell 3.3% to 22941.32, and China's Shanghai Composite Index fell 2.0% to 3320.90. Taiwan's stock exchange was closed.
Among Hang Seng constituents, BYD Electronic (International) Co. Ltd. posted the largest decline, dropping 11%, followed by shares of Longfor Group Holdings Ltd., which dropped 8.9%. Shares of Xinyi Solar Holdings Ltd. dropped 8.6%.
Galaxy Entertainment Group Ltd. was the biggest gainer among companies on the Hang Seng, gaining 1.9%, and China Shenhua Energy Co. Ltd. gained 1.2%. Sands China Ltd. rounded out the top three movers on Friday, as shares rose 0.5%.
Among large mainland China stocks, Cloudwalk Technology Co. Ltd. A posted the largest decline, dropping 16%, followed by shares of Sichuan Huafeng Technology Co. Ltd. A, which dropped 16%. Shares of EFORT Intelligent Equipment Co. Ltd. dropped 15%.
KBC Corp. Ltd. A was the biggest gainer during the session, surging 11%, and Tande Co. Ltd. A surged 10%. Fujian Start Group Co. Ltd. A rounded out the top three movers on Friday, as shares surged 10%.
On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.28 while the New Taiwan dollar strengthened 0.2% against the U.S. dollar at NT$32.88.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 28, 2025 03:30 ET (08:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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