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5 stories mentioning HKDUpdated 3d ago

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Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Rise in Monday Trading

Asian equities traded in the US as American depositary receipts kicked off the week higher Monday morning, rising 0.33% to 2,880.93 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by online game developer The9 (NCTY) and brand platform Baozun (BZUN), which surged 39% and 12% respectively. They were followed by used car marketplace Uxin (UXIN) and video-sharing platform Bilibili (BILI), which advanced 5.3% and 4.7% respectively.The decliners from North Asia were led by automotive marketplace Token Cat (TC) and education company 17 Education & Technology Group (YQ), which fell 7.8% and 6.8% respectively. They were followed by semiconductor company Silicon Motion Technology (SIMO) and fintech firm AMTD Digital (HKD), which dropped 3.8% and 0.6% respectively.From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which rose 4.3% and 3.5% respectively. They were followed by Canaan (CAN) and IT firm Infosys (INFY), which increased 2.3% and 1.8% respectively.The lone decliner from South Asia was lender HDFC Bank (HDB), which was off 0.4%.

$BILI$BZUN$CAN$HDB$HKD$INFY$NCTY$SE$SIFY$SIMO$TC$UXIN$YQ
Asia Markets

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

Asian equities traded in the US as American depositary receipts were higher Wednesday morning, rising 0.79% to 2,898.28 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by automotive marketplace Token Cat (TC) and tech company Alibaba Group (BABA), which surged 25% and 9.8% respectively. They were followed by internet and data center services provider VNET Group (VNET) and tech company Baidu (BIDU), which rose 5.1% and 4.5% respectively.The decliners from North Asia were led by online game developer The9 (NCTY), which fell 3.2%. It was followed by AMTD Digital (HKD) and polysilicon manufacturer Daqo New Energy (DQ), which were down 2.6% and 2.5% respectively.From South Asia, the gainers were led by Canaan (CAN) and Sify Technologies (SIFY), which rose 11% and 2.7% respectively.The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and HDFC Bank (HDB), which dropped 27% and 2.4% respectively. They were followed by ICICI Bank (IBN) and Infosys (INFY), which lost 2.2% and 1.3% respectively.

$BABA$BIDU$CANM$DQ$HDB$HKD$IBN$INFY$NCTY$SIFY$TC$TDTH$VNET
Wire

AMTD Digital's Generation Essentials Unit Approves $10 Million Share Buyback Program

AMTD Digital's (HKD) Generation Essentials (TGE) subsidiary said Wednesday its board has approved a share repurchase program for up to $10 million of its ordinary shares to boost shareholder value.The company also said controlling shareholder AMTD Digital as well as its directors and management team have voluntarily agreed to not sell any of their Generation Essentials shares for two years.Generation Essentials said it expects to fund the repurchases from time to time using its existing cash balance.The company said its board believes its shares are currently undervalued.Price: $1.68, Change: $-0.01, Percent Change: -0.59%

$HKD$TGE
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Rise Slightly Higher in Friday Trading; End Week on Flat Note

Asian equities traded in the US as American depositary receipts were tracking slightly higher Friday morning, rising 0.21% to 2,809.21 on the S&P Asia 50 ADR Index, which is up only 0.01% for the week.From North Asia, the gainers were led by semiconductor company Silicon Motion Technology (SIMO) and video streaming service iQIYI (IQ), which rose 4.4% and 4.3% respectively. They were followed by video display maker LG Display (LPL) and fintech firm AMTD Digital (HKD), which advanced 3.4% and 2.9% respectively.The decliners from North Asia were led by real estate management firm Eason Technology (DXF) and electric vehicle maker NIO (NIO), which fell 7.1% and 6.8% respectively. They were followed by casino and resort operator Melco Resorts & Entertainment (MLCO) and lender Nomura (NMR), which were down 4.2% and 2.2% respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Infosys (INFY), which increased 1.5% and 0.6% respectively. They were followed by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.3% each.The decliners from South Asia were led by IT company Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which lost 0.5% and 0.3% respectively. They were followed by IT firm Wipro (WIT) and telecommunications operator Telekomunikasi Indonesia (TLK), which were off 0.2% each.

$DXF$HKD$IBN$INFY$IQ$LPL$MLCO$NIO$NMR$PHI$RDY$SE$SIFY$SMO$TLK$WIT
Asia Markets

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

Asian equities traded in the US as American depositary receipts were tracking higher Wednesday morning, rising 0.59% to 2,820.86 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by consumer lender Eason Technology (DXF) and education company 51Talk Online Education Group (COE), which rose 5.3% and 5% respectively. They were followed by fintech firm Maase (MAAS) and biopharmaceutical company Zai Lab (ZLAB), which advanced 4.3% and 4% respectively.The decliners from North Asia were led by fintech firm AMTD Digital (HKD) and online game developer The9 (NCTY), which fell 2% and 1.5% respectively. They were followed by utilities company Korea Electric Power (KEP) and electric vehicle maker NIO (NIO), which were down 1.1% and 1% respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Wipro (WIT), which increased 2.9% and 2.7% respectively. They were followed by IT firms Infosys (INFY) and Sify Technologies (SIFY), which were up 1.5% each.The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 1.5%, followed by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which were off 0.1% each.

$COE$DXF$HKD$INFY$KEP$MAAS$NCTY$NIO$PHI$SE$SIFYRDY$TLK$WIT$ZLAB

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