Asian Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading
Asian equities traded in the US as American depositary receipts were lower Wednesday morning, declining 0.42% to 2,817.29 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by biopharmaceutical company Zai Lab (ZLAB) and used car marketplace Uxin (UXIN), which rose 6.4% and 6% respectively. They were followed by online brokerage UP Fintech (TIGR) and video-sharing platform Bilibili (BILI), which advanced 4.9% each.The decliners from North Asia were led by semiconductor firm Himax Technologies (HIMX) and Aurora Mobile (JG), which fell 6.1% and 5.8% respectively. They were followed by video display maker LG Display (LPL) and Eason Technology (DXF), which were down 5.6% and 4.5% respectively.From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Sify Technologies (SIFY), which rose 6.1% and 2.6% respectively. They were followed by lenders ICICI Bank (IBN) and HDFC Bank (HDB), which were up 2% and 1.3% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE), which dropped 2.6%, followed by telecommunications operator PLDT (PHI) and IT firm Wipro (WIT), which lost 1% and 0.2% respectively.