Greater China Stocks Close Mixed; Shanghai Leads Gainers

Dow Jones
30 Dec 2024

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 0.1% to 20105.08, and China's Shanghai Composite Index rose 0.2% to 3407.33. The Taiwan Taiex index slipped 0.4% to 23190.20.

Among Hang Seng constituents, Semiconductor Manufacturing International Corp. was the biggest gainer during the session, surging 6.4%, and WuXi AppTec Co. Ltd. gained 4.9%. Wuxi Biologics (Cayman) Inc. rounded out the top three movers on Monday, as shares gained 2.9%.

Haidilao International Holding Ltd. posted the largest decline among companies on the Hang Seng, dropping 5.1%, followed by shares of Sands China Ltd., which dropped 5.1%. Shares of Trip.com Group Ltd. fell 3.7%.

Among large mainland China stocks, Henan ShiJia Photons Technology Co. Ltd. A was the biggest gainer during the session, surging 13%, and Shanghai Guangdian Electric Group Co. Ltd. surged 10%. Arcplus Group PLC A rounded out the top three movers on Monday, as shares surged 10%.

Anhui Estone Materials Technology Co. Ltd. A posted the largest decline, dropping 11%, followed by shares of Fortune Ng Fung Food (Hebei) Co. Ltd. A, which dropped 10%. Shares of Raisecom Technology Co. Ltd. A dropped 10%.

In Taiwan, King's Town Construction Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Harvatek Corp. surged 10% Air Asia Co. Ltd. rounded out the top three movers, as shares surged 10%.

WinWay Technology Co. Ltd. posted the largest decline, dropping 9.6%, followed by shares of Evergreen Steel Corp., which dropped 8.0%. Shares of Career Technology (Mfg.) Co. Ltd. dropped 7.3%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.30 while the New Taiwan dollar strengthened 0.1% against the U.S. dollar at NT$32.80.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

December 30, 2024 02:30 ET (07:30 GMT)

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