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

MT Newswires Live04-01 22:36

Asian equities traded in the US as American depositary receipts were sharply higher Wednesday morning, rising 1.66% to 2,666.83 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm High Templar Tech (HTT) and biopharmaceutical company Zai Lab (ZLAB), which climbed 14% and 8.5% respectively. They were followed by education firm 17 Education & Technology Group (YQ) and lender Sumitomo Mitsui Financial Group (SMFG), which advanced 5.5% and 4.6% respectively.

The decliners from North Asia were led by online discount retailer Vipshop (VIPS) and fintech company Jiayin Group (JFIN), which fell 4.4% and 3.8% respectively. They were followed by fashion platform MOGU (MOGU) and mobile big data provider Aurora Mobile (JG), which dropped 2.9% each.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which rose 3.6% and 1.2% respectively. They were followed by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.8% and 0.4% respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys (INFY), which fell 2.4% and 1.2% respectively. They were followed by lender ICICI Bank (IBN) and IT firm Wipro (WIT), which were down 1% and 0.9% respectively.

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They were followed by education firm 17 Education &amp; Technology Group (YQ) and lender Sumitomo Mitsui Financial Group (SMFG), which advanced 5.5% and 4.6% respectively.The decliners from North Asia were led by online discount retailer Vipshop (VIPS) and fintech company Jiayin Group (JFIN), which fell 4.4% and 3.8% respectively. They were followed by fashion platform MOGU (MOGU) and mobile big data provider Aurora Mobile (JG), which dropped 2.9% each.From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which rose 3.6% and 1.2% respectively. They were followed by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.8% and 0.4% respectively.The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys (INFY), which fell 2.4% and 1.2% respectively. They were followed by lender ICICI Bank (IBN) and IT firm Wipro (WIT), which were down 1% and 0.9% respectively.","kind":"highlight","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,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.39.0","shortVersion":"4.39.0","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/2624512883","isCrawlerRequest":true}