This article was automatically generated by Dow Jones using technology from Automated Insights.
Stocks in Greater China gained on Wednesday.
Hong Kong's Hang Seng Index gained 2.8% to 23594.21, and China's Shanghai Composite Index rose 0.5% to 3341.96. The Taiwan Taiex index gained 1.2% to 22871.90.
Among Hang Seng constituents, CK Hutchison Holdings Ltd. was the biggest gainer during the session, surging 22%, and Chow Tai Fook Jewellery Group Ltd. surged 11%. China Hongqiao Group Ltd. rounded out the top three movers on Wednesday, as shares surged 7.3%.
Techtronic Industries Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 3.7%, followed by shares of China Resources Land Ltd., which slipped 0.8%. Shares of China Overseas Land & Investment Ltd. slipped 0.3%.
Among large mainland China stocks, GRINM Semiconductor Materials Co. Ltd. A was the biggest gainer during the session, surging 15%, and VeriSilicon Microelectronics Shanghai Co. Ltd. A surged 11%. HNA Technology Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 10%.
Zhejiang Dafeng Industrial Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Orient Group Inc. A, which dropped 9.8%. Shares of HOB Biotech Group Corp. Ltd. A dropped 8.9%.
In Taiwan, Energenesis Biomedical Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Abonmax Co. Ltd. surged 10% Xavi Technologies Corp. rounded out the top three movers, as shares surged 9.9%.
Maxigen Biotech Inc. posted the largest decline, dropping 7.6%, followed by shares of ASRock Inc., which dropped 7.1%. Shares of Fulgent Sun International (Holding) Co. Ltd. dropped 6.0%.
On the currency front, the onshore yuan strengthened 0.1% against the U.S. dollar to CNY7.26 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.81.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 05, 2025 03:30 ET (08:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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