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 3.3% to 23787.93, and China's Shanghai Composite Index gained 1.0% to 3380.21. The Taiwan Taiex index rose 0.5% to 23402.55.
Among Hang Seng constituents, Longfor Group Holdings Ltd. was the biggest gainer during the session, surging 11%, and Budweiser Brewing Co. APAC Ltd. surged 10%. Meituan rounded out the top three movers on Wednesday, as shares surged 9.8%.
CSPC Pharmaceutical Group Ltd. posted the largest decline among companies on the Hang Seng, falling 4.2%, followed by shares of China Mobile Ltd., which fell 1.4%. Shares of CNOOC Ltd. fell 1.2%.
Among large mainland China stocks, Chengdu Sino-Microelectronics Technology Co. Ltd. A was the biggest gainer during the session, surging 20%, and Zhiyang Innovation Technology Co. Ltd. A surged 17%. Kontour (Xi'an) Medical Technology Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 16%.
Jiangsu Hongtian Technology Co. Ltd. posted the largest decline, dropping 9.5%, followed by shares of Xiangyang Changyuan Donggu Industrial Corp. A, which dropped 5.7%. Shares of Shanghai New Power Automotive Technology Co. Ltd. A dropped 5.5%.
In Taiwan, Lan Fa Textile Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and San Far Property Ltd. surged 9.9% AzureWave Technologies Inc. rounded out the top three movers, as shares surged 9.9%.
Lian Hwa Foods Corp. posted the largest decline, dropping 9.8%, followed by shares of ChipMOS Technologies Inc., which fell 5.0%. Shares of CHC Healthcare Group fell 4.9%.
On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.25 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.79.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
February 26, 2025 03:30 ET (08:30 GMT)
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