Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones
03-03

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 0.3% to 23006.27, and China's Shanghai Composite Index slipped 0.1% to 3316.93. The Taiwan Taiex index fell 1.3% to 22756.25.

Among Hang Seng constituents, Li Auto Inc. posted the largest decline, falling 4.9%, followed by shares of Semiconductor Manufacturing International Corp., which fell 4.1%. Shares of BYD Electronic (International) Co. Ltd. fell 3.5%.

Xinyi Solar Holdings Ltd. was the biggest gainer among companies on the Hang Seng, surging 8.5%, and JD Health International Inc. surged 5.0%. Alibaba Health Information Technology Ltd. rounded out the top three movers on Monday, as shares gained 3.4%.

Among large mainland China stocks, UCloud Technology Co. Ltd. A posted the largest decline, dropping 13%, followed by shares of ASR Microelectronics Co. Ltd. A, which dropped 10%. Shares of Kangxin New Materials Co. Ltd. dropped 10%.

Shanghai SK Automation Technology Co. Ltd. A was the biggest gainer during the session, surging 16%, and Chengdu Guoguang Electric Co. Ltd. A surged 14%. Beijing Seeyon Internet Software Corp. A rounded out the top three movers on Monday, as shares surged 11%.

In Taiwan, Cosmo Electronics Corp. posted the biggest decline among large companies, dropping 9.9%, followed by shares of Aurotek Corp., which dropped 9.9%. Shares of Phoenix Silicon International Corp. dropped 9.8%.

Tsann Kuen Enterprise Co. Ltd. was the biggest gainer among large Taiwan companies during the session, surging 10%, and Power Wind Health Industry Inc. surged 9.8% Top Bright Holding Co. Ltd. rounded out the top three movers, as shares surged 9.8%.

On the currency front, the onshore yuan weakened 0.1% against the U.S. dollar to CNY7.29 while the New Taiwan dollar strengthened 0.1% against the U.S. dollar at NT$32.89.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 03, 2025 03:30 ET (08:30 GMT)

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