Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones
02-10

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 gained 1.8% to 21521.98, and China's Shanghai Composite Index rose 0.6% to 3322.17. The Taiwan Taiex index slipped 1.0% to 23252.14.

Among Hang Seng constituents, Alibaba Health Information Technology Ltd. was the biggest gainer during the session, surging 9.2%, and Meituan surged 5.6%. Alibaba Group Holding Ltd. rounded out the top three movers on Monday, as shares surged 5.5%.

Techtronic Industries Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 1.9%, followed by shares of Zhongsheng Group Holdings Ltd., which fell 1.4%. Shares of China Resources Beer (Holdings) Co. Ltd. fell 1.4%.

Among large mainland China stocks, Hangzhou Raycloud Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Cloudwalk Technology Co. Ltd. A surged 20%. Beijing LongRuan Technologies Inc. A rounded out the top three movers on Monday, as shares surged 20%.

Changzhou Fusion New Material Co. Ltd. A posted the largest decline, dropping 6.1%, followed by shares of Beijing Huafeng Test & Control Technology Co. Ltd. A, which dropped 6.0%. Shares of New East New Materials Co. Ltd. A dropped 5.5%.

In Taiwan, First Copper Technology Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Yieh Hsing Enterprise Co. Ltd. surged 10% KHGears International Ltd. rounded out the top three movers, as shares surged 10%.

Anji Technology Co. Ltd. posted the largest decline, dropping 8.4%, followed by shares of Trade-Van Information Services Co. Ltd., which dropped 7.3%. Shares of Symtek Automation Asia Co. Ltd. dropped 6.8%.

On the currency front, the onshore yuan weakened 0.3% against the U.S. dollar to CNY7.31 while the New Taiwan dollar strengthened 0.1% against the U.S. dollar at NT$32.81.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 10, 2025 03:30 ET (08:30 GMT)

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