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