ASR Microelectronics Widens 2024 Loss, Revenue Up 30%

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

Stocks in Greater China gained on Tuesday.

Hong Kong's Hang Seng Index gained 1.1% to 20098.29, and China's Shanghai Composite Index gained 1.3% to 3393.53. The Taiwan Taiex index rose 0.1% to 23120.24.

Among Hang Seng constituents, Orient Overseas (International) Ltd. was the biggest gainer during the session, surging 7.3%, and BYD Electronic (International) Co. Ltd. surged 5.7%. Xinyi Solar Holdings Ltd. rounded out the top three movers on Tuesday, as shares gained 5.0%.

China Resources Power Holdings Co. Ltd. posted the largest decline among companies on the Hang Seng, falling 2.8%, followed by shares of China Hongqiao Group Ltd., which fell 2.3%. Shares of Galaxy Entertainment Group Ltd. fell 1.3%.

Among large mainland China stocks, Hubei Wanrun New Energy Technology Co. Ltd. A was the biggest gainer during the session, surging 14%, and ASR Microelectronics Co. Ltd. A surged 12%. Jilin Joinature Polymer Co. Ltd. rounded out the top three movers on Tuesday, as shares surged 12%.

Nanjing Canatal Data Centre Environmental Tech Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Shanghai Kai Kai Industrial Co. Ltd., which dropped 10%. Shares of Routon Electronic Co. Ltd. dropped 10%.

In Taiwan, Apex Dynamics Inc. was the biggest gainer among large companies during the session, surging 10%, and Episil-Precision Inc. surged 10% Altek Corp. rounded out the top three movers, as shares surged 10%.

ALi Corp. posted the largest decline, dropping 6.3%, followed by shares of Fositek Corp., which dropped 5.1%. Shares of King's Town Bank Co. Ltd. fell 4.4%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.30 while the New Taiwan dollar held steady against the U.S. dollar at NT$32.71.

Data source: Dow Jones Market Data, FactSet