Greater China Stocks Close Mixed; Taiwan Leads Gainers

Dow Jones
05 Feb

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

Stocks in Greater China were mixed on Wednesday.

Hong Kong's Hang Seng Index slipped 0.9% to 20597.09, and China's Shanghai Composite Index slipped 0.6% to 3229.49. The Taiwan Taiex index gained 1.6% to 23161.58.

Among Hang Seng constituents, Nongfu Spring Co. Ltd. posted the largest decline, dropping 6.9%, followed by shares of Shenzhou International Group Holdings Ltd., which dropped 6.5%. Shares of Trip.com Group Ltd. dropped 6.4%.

Lenovo Group Ltd. was the biggest gainer among companies on the Hang Seng, gaining 4.0%, and Orient Overseas (International) Ltd. gained 3.1%. Zhongsheng Group Holdings Ltd. rounded out the top three movers on Wednesday, as shares gained 3.1%.

Among large mainland China stocks, Suzhou UIGreen Micro & Nano Technologies Co. Ltd. A posted the largest decline, dropping 15%, followed by shares of Henan ShiJia Photons Technology Co. Ltd. A, which dropped 15%. Shares of Dongguan Dingtong Precision Metal Co. Ltd. A dropped 15%.

UCloud Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Guangzhou Anyka Microelectronics Co. Ltd. A surged 20%. DBAPPSecurity Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 20%.

In Taiwan, SYNergy ScienTech Corp. posted the biggest decline among large companies, dropping 5.8%, followed by shares of Johnson Health Tech Co. Ltd., which fell 3.4%. Shares of Delpha Construction Co. Ltd. fell 2.6%.

Advantech Co. Ltd. was the biggest gainer among large Taiwan companies during the session, surging 10%, and Asia Optical Co. Inc. surged 10% Shin Zu Shing Co. Ltd. rounded out the top three movers, as shares surged 10%.

On the currency front, the onshore yuan weakened 1.2% against the U.S. dollar to CNY7.27 while the New Taiwan dollar strengthened 0.1% against the U.S. dollar at NT$32.85.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 05, 2025 03:30 ET (08:30 GMT)

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