Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones
03-24

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 rose 0.9% to 23905.56, and China's Shanghai Composite Index rose 0.2% to 3370.03. The Taiwan Taiex index slipped 0.5% to 22106.64.

Among Hang Seng constituents, Haier Smart Home Co. Ltd. was the biggest gainer during the session, surging 6.0%, and Zijin Mining Group Co. Ltd. gained 5.0%. Xiaomi Corp. rounded out the top three movers on Monday, as shares gained 4.2%.

New Oriental Education & Technology Group Inc. posted the largest decline among companies on the Hang Seng, dropping 7.2%, followed by shares of Sinopharm Group Co. Ltd., which fell 3.1%. Shares of China Unicom (Hong Kong) Ltd. fell 2.5%.

Among large mainland China stocks, Nanjing Wondux Environmental Protection Technology Corp. Ltd. A was the biggest gainer during the session, surging 20%, and CITIC Heavy Industries Co. Ltd. surged 10%. Duzhe Publishing & Media Co. Ltd. rounded out the top three movers on Monday, as shares surged 10%.

Qinghai Huading Industrial Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Dawei Technology (Guangdong) Group Co. Ltd. A, which dropped 10%. Shares of Shanghai Guijiu Co. Ltd. A dropped 10%.

In Taiwan, Fortune Information Systems Corp. was the biggest gainer among large companies during the session, surging 10%, and Anji Technology Co. Ltd. surged 10% Zinwell Corp. rounded out the top three movers, as shares surged 9.9%.

Apex International Co. Ltd. posted the largest decline, dropping 10%, followed by shares of Microelectronics Technology Inc., which dropped 9.8%. Shares of Flytech Technology Co. Ltd. dropped 6.9%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.25 while the New Taiwan dollar held steady against the U.S. dollar at NT$33.01.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 24, 2025 04:30 ET (08:30 GMT)

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