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

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Asian equities traded in the US as American depositary receipts were tracking lower Thursday morning, declining 0.68% to 2,861.52 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by real estate management and digital security company Eason Technology (DXF) and tech company Xunlei (XNET), which climbed 12.1% and 5.5% respectively. They were followed by wealth management firm Noah (NOAH) and mobile app developer Cheetah Mobile (CMCM), which advanced 3.7% and 0.7% respectively.

The decliners from North Asia were led by fintech firm LexinFintech (LX) and game live-streaming service DouYu International (DOYU), which dropped 6.1% and 4.4% respectively. They were followed by brand platform 36Kr (KRKR) and fintech company Qfin (QFIN), which were down 2.5% and 2% respectively.

From South Asia, the gainers were led by IT firm Wipro (WIT) and computer hardware maker Canaan (CAN), which rose 7.3% 0.5% respectively. They were followed by IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which were up 0.4% and 0.2% respectively.

The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and tech conglomerate Sea (SE), which fell 5% and 0.9% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and lender HDFC Bank (HDB), which were off 0.6% and 0.4% respectively.

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