Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones
03-14

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 2.1% to 23959.98, and China's Shanghai Composite Index gained 1.8% to 3419.56. The Taiwan Taiex index was flat at 21968.05.

Among Hang Seng constituents, Wuxi Biologics (Cayman) Inc. was the biggest gainer during the session, surging 14%, and China Mengniu Dairy Co. Ltd. surged 9.0%. New Oriental Education & Technology Group Inc. rounded out the top three movers on Friday, as shares surged 8.1%.

CK Hutchison Holdings Ltd. posted the largest decline among companies on the Hang Seng, dropping 6.4%, followed by shares of CK Infrastructure Holdings Ltd., which fell 2.9%. Shares of WH Group Ltd. fell 2.5%.

Among large mainland China stocks, Cabio Biotech (Wuhan) Co. Ltd. A was the biggest gainer during the session, surging 18%, and Nanya New Material Technology Co. Ltd. A surged 13%. Nanjing Medlander Medical Technology Co. Ltd. A rounded out the top three movers on Friday, as shares surged 12%.

Bestlink Technologies Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Inner Mongolia First Machinery Group Co. Ltd. A, which dropped 10%. Shares of Harson Trading (China) Co. Ltd. A dropped 10%.

In Taiwan, Billion Electric Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Wisdom Marine Lines Co. Ltd. surged 10% Macnica Anstek Inc. rounded out the top three movers, as shares surged 9.9%.

Posiflex Technology Inc. posted the largest decline, dropping 10%, followed by shares of Jinan Acetate Chemical Co. Ltd., which dropped 10%. Shares of Hong Ho Precision Textile Co. Ltd. dropped 9.6%.

On the currency front, the onshore yuan strengthened 0.2% against the U.S. dollar to CNY7.23 while the New Taiwan dollar strengthened 0.1% against the U.S. dollar at NT$32.96.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 14, 2025 04:30 ET (08:30 GMT)

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