Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones
14 Mar

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

Stocks in Greater China were mixed on Friday.

Hong Kong's Hang Seng Index gained 2.1% to 23959.98, and China's Shanghai Composite Index gained 1.8% to 3419.56. The Taiwan Taiex index was flat at 21968.05.

Among Hang Seng constituents, Wuxi Biologics (Cayman) Inc. was the biggest gainer during the session, surging 14%, and China Mengniu Dairy Co. Ltd. surged 9.0%. New Oriental Education & Technology Group Inc. rounded out the top three movers on Friday, as shares surged 8.1%.

CK Hutchison Holdings Ltd. posted the largest decline among companies on the Hang Seng, dropping 6.4%, followed by shares of CK Infrastructure Holdings Ltd., which fell 2.9%. Shares of WH Group Ltd. fell 2.5%.

Among large mainland China stocks, Cabio Biotech (Wuhan) Co. Ltd. A was the biggest gainer during the session, surging 18%, and Nanya New Material Technology Co. Ltd. A surged 13%. Nanjing Medlander Medical Technology Co. Ltd. A rounded out the top three movers on Friday, as shares surged 12%.

Bestlink Technologies Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Inner Mongolia First Machinery Group Co. Ltd. A, which dropped 10%. Shares of Harson Trading (China) Co. Ltd. A dropped 10%.

In Taiwan, Billion Electric Co. Ltd. was the biggest gainer among large companies during the session, surging 10%, and Wisdom Marine Lines Co. Ltd. surged 10% Macnica Anstek Inc. rounded out the top three movers, as shares surged 9.9%.

Posiflex Technology Inc. posted the largest decline, dropping 10%, followed by shares of Jinan Acetate Chemical Co. Ltd., which dropped 10%. Shares of Hong Ho Precision Textile Co. Ltd. dropped 9.6%.

On the currency front, the onshore yuan strengthened 0.2% against the U.S. dollar to CNY7.23 while the New Taiwan dollar strengthened 0.1% against the U.S. dollar at NT$32.96.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 14, 2025 04:30 ET (08:30 GMT)

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