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

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-- Asian equities traded in the US as American depositary receipts were tracking lower Thursday morning, declining 0.81% to 2,891.78 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX) and education company 17 Education & Technology Group (YQ), which climbed 38% and 3.6% respectively. They were followed by diagnostic imaging centers company Concord Medical Services (CCM) and fintech firm J and Friends (JF), which advanced 3.5% and 2% respectively.

The decliners from North Asia were led by fashion platform MOGU (MOGU) and video display maker LG Display (LPL), which dropped 6.4% and 4.8% respectively. They were followed by real estate management company Eason Technology (DXF) and video streaming service DouYu International (DOYU), which lost 3.5% and 3.4% respectively.

From South Asia, the gainers were led by lender HDFC Bank (HDB) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 0.7% and 0.6% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and lender ICICI Bank (IBN), which were up 0.5% and 0.4% respectively.

The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and computer hardware maker Canaan (CAN), which fell 4.6% and 3.7% respectively. They were followed by IT firms Sify Technologies (SIFY) and Wipro (WIT), which were down 1.5% and 0.8% respectively.

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