Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones
10 Feb

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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