Asian Equities Traded in the US as American Depositary Receipts Drop in Wednesday Trading

MT Newswires Live09-25

Asian equities traded in the US as American depositary receipts fell Wednesday morning with the S&P Asia 50 ADR Index declining 0.6% to 2,049.37

From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and ad agency iClick Interactive Asia Group (ICLK), which rose 4.5% and 3.8% respectively. They were followed by automotive e-commerce platform Cango (CANG) and brand platform 36Kr (KRKR), which were up 3.7% and 3.1% respectively.

The decliners from North Asia were led by property technology company Fangdd Network Group (DUO) and education company 17 Education & Technology Group (YQ), which fell 11% and 6.8% respectively. They were followed by e-commerce fashion platform MOGU (MOGU) and used car e-commerce platform Uxin (UXIN), which dropped 5.6% each.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 1.1% and 0.8% respectively. They were followed by IT firm Wipro (WIT) and financial services company HDFC Bank (HDB), which were up 0.5% and 0.3% respectively.

The decliners from South Asia were led by telecommunications operators PLDT (PHI) and Telekomunikasi Indonesia (TLK), which lost 1.6% and 0.6% respectively. They were followed by business process management company WNS (WNS) and IT firm Infosys (INFY), which were down 0.2% and 0.1% respectively.

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They were followed by automotive e-commerce platform Cango (CANG) and brand platform 36Kr (KRKR), which were up 3.7% and 3.1% respectively.The decliners from North Asia were led by property technology company Fangdd Network Group (DUO) and education company 17 Education & Technology Group (YQ), which fell 11% and 6.8% respectively. They were followed by e-commerce fashion platform MOGU (MOGU) and used car e-commerce platform Uxin (UXIN), which dropped 5.6% each.From South Asia, the gainers were led by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 1.1% and 0.8% respectively. They were followed by IT firm Wipro (WIT) and financial services company HDFC Bank (HDB), which were up 0.5% and 0.3% respectively.The decliners from South Asia were led by telecommunications operators PLDT (PHI) and Telekomunikasi Indonesia (TLK), which lost 1.6% and 0.6% respectively. They were followed by business process management company WNS (WNS) and IT firm Infosys (INFY), which were down 0.2% and 0.1% respectively.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2470266727"}