Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones
2024-11-01

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 rose 0.8% to 20483.80, and China's Shanghai Composite Index slipped 0.2% to 3272.01. The Taiwan Taiex index slipped 0.2% to 22780.08.

Among Hang Seng constituents, CSPC Pharmaceutical Group Ltd. posted the largest decline, dropping 9.4%, followed by shares of Li Auto Inc., which dropped 9.3%. Shares of Semiconductor Manufacturing International Corp. fell 4.8%.

Sands China Ltd. was the biggest gainer among companies on the Hang Seng, surging 5.2%, and Orient Overseas (International) Ltd. gained 4.5%. China Overseas Land & Investment Ltd. rounded out the top three movers on Friday, as shares gained 4.4%.

Among large mainland China stocks, Nanjing LES Information Technology Co. Ltd. A posted the largest decline, dropping 15%, followed by shares of Beijing Bohui Science & Technology Co. Ltd. A, which dropped 14%. Shares of Sichuan Tianwei Electronic Co. Ltd. A dropped 13%.

Beijing Haohan Data Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Earth-Panda Advanced Magnetic Material Co. Ltd. A surged 20%. HOB Biotech Group Corp. Ltd. A rounded out the top three movers on Friday, as shares surged 20%.

In Taiwan, Makalot Industrial Co. Ltd. posted the biggest decline among large companies, dropping 9.6%, followed by shares of Sixxon Tech Co. Ltd., which dropped 7.3%. Shares of President Chain Store Corp. dropped 6.4%.

King's Town Construction Co. Ltd. was the biggest gainer among large Taiwan companies during the session, surging 10%, and Universal Microelectronics Co. Ltd. surged 9.9% FIC Global Inc. rounded out the top three movers, as shares surged 9.9%.

On the currency front, the onshore yuan weakened 0.1% against the U.S. dollar to CNY7.12 while the New Taiwan dollar held steady against the U.S. dollar at NT$31.92.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

November 01, 2024 03:30 ET (07:30 GMT)

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

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