Greater China Stocks Rise; Hong Kong Posts Largest Increase

Dow Jones
01-20

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Greater China gained on Monday.

Hong Kong's Hang Seng Index gained 1.8% to 19931.04, and China's Shanghai Composite Index rose 0.1% to 3244.38. The Taiwan Taiex index rose 0.5% to 23266.82.

Among Hang Seng constituents, WuXi AppTec Co. Ltd. was the biggest gainer during the session, surging 7.0%, and JD.com Inc. surged 7.0%. JD Health International Inc. rounded out the top three movers on Monday, as shares surged 5.3%.

CNOOC Ltd. posted the largest decline among companies on the Hang Seng, falling 3.0%, followed by shares of China Overseas Land & Investment Ltd., which fell 2.2%. Shares of China Shenhua Energy Co. Ltd. fell 1.9%.

Among large mainland China stocks, Suzhou Recodeal Interconnect System Co. Ltd. A was the biggest gainer during the session, surging 15%, and Primeton Information Technologies Inc. A surged 13%. Beijing Jiuzhou Yi Gui Environmental Technology Co. Ltd. rounded out the top three movers on Monday, as shares surged 12%.

Sichuan Tianwei Electronic Co. Ltd. A posted the largest decline, dropping 14%, followed by shares of Chengdu Screen Micro-Electronics Co. Ltd. A, which dropped 12%. Shares of Liuzhou Chemical Industry Co. Ltd. A dropped 10%.

In Taiwan, Powerchip Semiconductor Manufacturing Corp. was the biggest gainer among large companies during the session, surging 10%, and Bizlink Holding Inc. surged 10% SYNergy ScienTech Corp. rounded out the top three movers, as shares surged 10%.

QingSong Health Co. Ltd. posted the largest decline, falling 4.7%, followed by shares of uPI Semiconductor Corp., which fell 3.9%. Shares of Foxtron Vehicle Technologies Co. Ltd. fell 3.8%.

On the currency front, the onshore yuan strengthened 0.2% against the U.S. dollar to CNY7.31 while the New Taiwan dollar strengthened 0.4% against the U.S. dollar at NT$32.78.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

January 20, 2025 02:30 ET (07:30 GMT)

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