Asian Equities Traded in the US as American Depositary Receipts Track Lower in Thursday Trading

Asian equities traded in the US as American depositary receipts were trending lower Thursday morning, declining 0.82% to 2,835.51 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services (CCM) and electric vehicle maker NIO (NIO), which climbed 8.3% and 5% respectively. They were followed by mobile big data platform Aurora Mobile (JG) and polysilicon manufacturer Daqo New Energy (DQ), which advanced 4.3% and 2.7% respectively.

The decliners from North Asia were led by pet-focused platform Boqii (BQ) and automotive marketplace Token Cat (TC), which fell 12% and 10% respectively. They were followed by computer hardware maker Canaan (CAN) and consumer lender Eason Technology (DXF), which dropped 9% each.

From South Asia, the gainers were led by telecommunications operator PLDT (PHI), which rose 2.6%, followed by tech conglomerate Sea (SE) and IT firm Wipro (WIT), which were up 1.7% and 0.2% respectively.

The decliners from South Asia were led by IT company Sify Technologies (SIFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which lost 3.3% and 2.4% respectively. They were followed by IT firm Infosys (INFY) and lender ICICI Bank (IBN), which were off 0.4% and 0.1%. respectively.