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 2.8% to 23594.21, and China's Shanghai Composite Index rose 0.5% to 3341.96. The Taiwan Taiex index gained 1.2% to 22871.90.
Among Hang Seng constituents, CK Hutchison Holdings Ltd. was the biggest gainer during the session, surging 22%, and Chow Tai Fook Jewellery Group Ltd. surged 11%. China Hongqiao Group Ltd. rounded out the top three movers on Wednesday, as shares surged 7.3%.
Techtronic Industries Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 3.7%, followed by shares of China Resources Land Ltd., which slipped 0.8%. Shares of China Overseas Land & Investment Ltd. slipped 0.3%.
Among large mainland China stocks, GRINM Semiconductor Materials Co. Ltd. A was the biggest gainer during the session, surging 15%, and VeriSilicon Microelectronics Shanghai Co. Ltd. A surged 11%. HNA Technology Co. Ltd. A rounded out the top three movers on Wednesday, as shares surged 10%.
Zhejiang Dafeng Industrial Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Orient Group Inc. A, which dropped 9.8%. Shares of HOB Biotech Group Corp. Ltd. A dropped 8.9%.
In Taiwan, Energenesis Biomedical Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Abonmax Co. Ltd. surged 10% Xavi Technologies Corp. rounded out the top three movers, as shares surged 9.9%.
Maxigen Biotech Inc. posted the largest decline, dropping 7.6%, followed by shares of ASRock Inc., which dropped 7.1%. Shares of Fulgent Sun International (Holding) Co. Ltd. dropped 6.0%.
On the currency front, the onshore yuan strengthened 0.1% against the U.S. dollar to CNY7.26 while the New Taiwan dollar weakened 0.1% against the U.S. dollar at NT$32.81.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 05, 2025 03:30 ET (08:30 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.