Greater China Stocks Close Mixed; Hong Kong Leads Gainers

Dow Jones
24 Mar

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 rose 0.9% to 23905.56, and China's Shanghai Composite Index rose 0.2% to 3370.03. The Taiwan Taiex index slipped 0.5% to 22106.64.

Among Hang Seng constituents, Haier Smart Home Co. Ltd. was the biggest gainer during the session, surging 6.0%, and Zijin Mining Group Co. Ltd. gained 5.0%. Xiaomi Corp. rounded out the top three movers on Monday, as shares gained 4.2%.

New Oriental Education & Technology Group Inc. posted the largest decline among companies on the Hang Seng, dropping 7.2%, followed by shares of Sinopharm Group Co. Ltd., which fell 3.1%. Shares of China Unicom (Hong Kong) Ltd. fell 2.5%.

Among large mainland China stocks, Nanjing Wondux Environmental Protection Technology Corp. Ltd. A was the biggest gainer during the session, surging 20%, and CITIC Heavy Industries Co. Ltd. surged 10%. Duzhe Publishing & Media Co. Ltd. rounded out the top three movers on Monday, as shares surged 10%.

Qinghai Huading Industrial Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Dawei Technology (Guangdong) Group Co. Ltd. A, which dropped 10%. Shares of Shanghai Guijiu Co. Ltd. A dropped 10%.

In Taiwan, Fortune Information Systems Corp. was the biggest gainer among large companies during the session, surging 10%, and Anji Technology Co. Ltd. surged 10% Zinwell Corp. rounded out the top three movers, as shares surged 9.9%.

Apex International Co. Ltd. posted the largest decline, dropping 10%, followed by shares of Microelectronics Technology Inc., which dropped 9.8%. Shares of Flytech Technology Co. Ltd. dropped 6.9%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.25 while the New Taiwan dollar held steady against the U.S. dollar at NT$33.01.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 24, 2025 04:30 ET (08:30 GMT)

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