China stocks end 3-year losing streak with annual gains of 15%; Taiwan tops Asia markets, up 29%

Asia-Pacific markets fell on Tuesday as China’s manufacturing growth missed expectations, with the CSI 300 closing lower but ending the year higher after three years of losses. Hong Kong’s Hang Seng Index ended the year with gains, breaking a four-year losing streak, while Australia’s S&P/ASX 200 extended gains for a second straight year. Taiwan’s Taiex led annual gains in Asian markets, rising more than 29% in 2024, while Japan and South Korea’s stock markets were closed for the New Year’s Eve holiday.

Full Article