Greater China Stocks Close Mixed; Taiwan Leads Gainers

Dow Jones
2024-11-25

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 slipped 0.3% to 19178.37, and China's Shanghai Composite Index slipped 0.1% to 3263.76. The Taiwan Taiex index rose 0.2% to 22948.37.

Among Hang Seng constituents, New World Development Co. Ltd. posted the largest decline, dropping 5.6%, followed by shares of BOC Hong Kong (Holdings) Ltd., which fell 4.3%. Shares of Meituan fell 3.1%.

CNOOC Ltd. was the biggest gainer among companies on the Hang Seng, gaining 2.7%, and Sinopharm Group Co. Ltd. gained 2.2%. China Resources Mixc Lifestyle Services Ltd. rounded out the top three movers on Monday, as shares gained 1.9%.

Among large mainland China stocks, Wuxi Commercial Mansion Grand Orient Co. Ltd. posted the largest decline, dropping 10%, followed by shares of Shanghai Jinjiang Online Network Service Co. Ltd. A, which dropped 10%. Shares of Zhejiang Shengda Bio-Pharm Co. Ltd. A dropped 10%.

Guangzhou Hexin Instrument Co. Ltd. A was the biggest gainer during the session, surging 20%, and EFORT Intelligent Equipment Co. Ltd. surged 14%. Chengdu Screen Micro-Electronics Co. Ltd. A rounded out the top three movers on Monday, as shares surged 12%.

In Taiwan, Chateau International Development Co. Ltd. posted the biggest decline among large companies, dropping 9.9%, followed by shares of Cal-Comp Electronics (Thailand) PCL TDR, which dropped 7.8%. Shares of Cryomax Cooling System Corp. dropped 6.7%.

HTC Corp. was the biggest gainer among large Taiwan companies during the session, surging 10%, and Zero One Technology Co. Ltd. surged 10% CyberPower Systems Inc. rounded out the top three movers, as shares surged 10%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.24 while the New Taiwan dollar strengthened 0.4% against the U.S. dollar at NT$32.46.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

November 25, 2024 02:30 ET (07:30 GMT)

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

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