Greater China Stocks Close Mixed; Taiwan Leads Gainers

Dow Jones
17 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 was flat at 22616.23, and China's Shanghai Composite Index rose 0.3% to 3355.83. The Taiwan Taiex index gained 1.5% to 23505.33.

Among Hang Seng constituents, China Unicom (Hong Kong) Ltd. was the biggest gainer during the session, surging 7.6%, and Tingyi (Cayman Islands) Holding Corp. surged 5.1%. Semiconductor Manufacturing International Corp. rounded out the top three movers on Monday, as shares gained 4.3%.

Baidu Inc. posted the largest decline among companies on the Hang Seng, dropping 6.9%, followed by shares of JD Health International Inc., which dropped 5.1%. Shares of BYD Electronic (International) Co. Ltd. dropped 5.0%.

Among large mainland China stocks, Shenzhen Consys Science & Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Guangzhou LBP Medicine Science & Technology Co. Ltd. A surged 20%. Tinavi Medical Technologies Co. Ltd. A rounded out the top three movers on Monday, as shares surged 17%.

Integrity Technology Group Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Shanghai Information2 Software Inc. A, which dropped 10%. Shares of Raisecom Technology Co. Ltd. A dropped 10%.

In Taiwan, Energenesis Biomedical Co. Ltd. was the biggest gainer among large companies during the session, surging 9.9%, and Apex International Co. Ltd. surged 9.9% Ju Teng International Holdings Ltd. IDR rounded out the top three movers, as shares surged 9.9%.

Bizlink Holding Inc. posted the largest decline, dropping 5.7%, followed by shares of Lemtech Holdings Co. Ltd., which fell 4.9%. Shares of Xavi Technologies Corp. fell 4.2%.

On the currency front, the onshore yuan weakened 0.1% against the U.S. dollar to CNY7.26 while the New Taiwan dollar weakened 0.2% against the U.S. dollar at NT$32.75.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

February 17, 2025 03:30 ET (08:30 GMT)

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