FINWIRES · TerminalLIVE
FINWIRES

$IBN

41 stories mentioning IBNUpdated just now

Every FINWIRES story that references IBN, newest first.

Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Modestly Lower in Tuesday Trading

Asian equities traded in the US as American depositary receipts were tracking modestly lower Tuesday morning, declining 0.30% to 2,817.60 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by online game developer The9 (NCTY) and lender Sumitomo Mitsui Financial Group (SMFG), which rose 2.3% and 2.1% respectively. They were followed by tech company Alibaba Group (BABA) and online retailer JD.com (JD), which advanced 1.9% and 1.8% respectively.The decliners from North Asia were led by real estate and digital tech company Eason Technology (DXF) and video display maker LG Display (LPL), which shed 15% and 5.8% respectively. They were followed by mobile app developer Cheetah Mobile (CMCM) and semiconductor company ASE Technology (ASX), which were down 4% and 3.5% respectively.From South Asia, the gainers were led by IT firm Infosys (INFY), which increased 2.5%, followed by IT company Wipro (WIT) and tech conglomerate Sea (SE), which were up 0.8% and 0.1% respectively.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and fintech firm Trident Digital Tech (TDTH), which dropped 12% and 7.1% respectively. They were followed by lender ICICI Bank (IBN) and IT company Sify Technologies (SIFY), which lost 1.8% and 1.5% respectively.

$ASX$BABA$CAN$CMCM$DXF$IBN$INFY$JD$LPL$NCTY$SE$SIFY$SMFG$TDTH$WIT
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Friday Trading

Asian equities traded in the US as American depositary receipts were falling sharply Friday morning, shedding 1.58% to 2,858.67 on the S&P Asia 50 ADR Index, which is flat for the week so far.From North Asia, the gainers were led by biopharmaceutical company Zai Lab (ZLAB) and automotive company Honda Motor (HMC), which rose 3.3% and 1.5% respectively. They were followed by lender Mitsubishi UFJ Financial Group (MUFG), which was up 2.3%.The decliners from North Asia were led by real estate and digital security company Eason Technology (DXF) and video display maker LG Display (LPL), which tumbled 10% and 22% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and brand platform Baozun (BZUN), which dropped 7.3% and 5.7% respectively.From South Asia, the gainers were led by IT firm Infosys (INFY) and fintech firm Trident Digital Tech (TDTH), which advanced 3.3% and 2.5% respectively. They were followed by IT firm Wipro (WIT) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which increased 1.9% and 1.2% respectively.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and IT company Sify Technologies (SIFY), which lost 8.1% and 3.4% respectively. They were followed by lenders HDFC Bank (HDB) and ICICI Bank (IBN), which were off 1.8% and 0.7% respectively.

$BZUN$CAN$DXF$GRVY$HDB$HIMX$HMC$IBN$INFY$LPL$MUFG$RDY$SIFY$TDTH$WIT$ZLAB
Asia Markets

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

Asian equities traded in the US as American depositary receipts were higher Thursday morning, rising 0.37% to 2,913.12 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by Eason Technology (DXF) and Honda Motor (HMC), which advanced 63% and 4.2% respectively. They were followed by video display maker LG Display (LPL) and media company Phoenix New Media (FENG), which were up 3.6% and 2.9% respectively.The decliners from North Asia were led by automobile marketplace Autohome (ATHM) and video streaming service Bilibili (BILI), which fell 9.1% and 7% respectively. They were followed by tech company Baidu (BIDU) and internet and data center services provider VNET Group (VNET), which were down 5.4% and 2.1% respectively.From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and HDFC Bank (HDB), which climbed 3.8% and 2.9% respectively. They were followed by ICICI Bank (IBN) and IT firm Wipro (WIT), which increased 1.2% and 1.1% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and Canaan (CAN), which dropped 5.6% and 2.7% respectively. They were followed by IT firm Infosys (INFY) and Telekomunikasi Indonesia (TLK), which lost 1.9% and 0.5% respectively.

$ATHM$BIDU$BILI$CAN$DXF$FENG$HDB$HMC$IBN$INFY$LPL$RDY$SE$TLK$VNET$WIT
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Edge Higher Friday

Asian equities traded in the US as American depositary receipts were edging higher Friday morning, rising 0.13% to 2,875.05 on the S&P Asia 50 ADR Index, which is up about 2.5% for the week so far.From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX) and automotive marketplace Token Cat (TC), which surged 19% and 16% respectively. They were followed by online game developer Gravity (GRVY) and fashion platform MOGU (MOGU), which climbed up 6.9% and 6.3% respectively.The decliners from North Asia were led by biopharmaceutical company Zai Lab (ZLAB), which fell 3.2%. It was followed by casino and resort operator Melco Resorts & Entertainment (MLCO) and Concord Medical Services (CCM), which were down 2.4% and 2.1% respectively.From South Asia, the gainers included IT firm Sify Technologies (SIFY) and Telekomunikasi Indonesia (TLK), which rose 2.4% and 0.8% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which fell 4% and 2.6% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender ICICI Bank (IBN), which lost 1% and 0.7% respectively.

$CCM$GRVY$HDB$HIMX$IBN$MLCO$MOGU$RDY$SE$SIFY$TC$TLK$ZLAB
Asia Markets

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

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.

$CAN$CCM$DOYU$DXF$HDB$HIMX$IBN$JF$LPL$MOGU$RDY$SIFY$TDTH$TLK$WIT$YQ
Asia Markets

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

Asian equities traded in the US as American depositary receipts were soaring Wednesday morning, rising 3.38% to 2,885.55 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by tech companies Baidu (BIDU) and Alibaba Group (BABA), which climbed 8.3% and 6.1% respectively. They were followed by fintech firm J and Friends (JF) and lender Mitsubishi UFJ Financial Group (MUFG), which advanced 4.4% and 3.6% respectively.The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services (CCM) and polysilicon manufacturer Daqo New Energy (DQ), which fell 5.6% and 5.1% respectively. They were followed by semiconductor company Silicon Motion Technology (SIMO) and brand platform 36Kr (KRKR), which were down 2.8% and 2.3% respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which rose 5% and 3.5% respectively. They were followed by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 3.3% and 2.3% respectively.The only decliners from South Asia were computer hardware maker Canaan (CAN) and fintech firm Trident Digital Tech (TDTH), which dropped 3.8% and 0.9% respectively.

$BABA$BIDU$CAN$CCM$DQ$HDB$IBN$JF$KRKR$MUFG$RDY$SE$SIMO$TDTH
Insider Trading

Icici Bank Insider Sold Shares Worth $633,600, According to a Recent SEC Filing

Rakesh Jha, Director, on April 24, 2026, sold 45,000 shares in Icici Bank (IBN) for $633,600. Following the Form 4 filing with the SEC, Jha has control over a total of 120,875 equity shares of the company, with 120,875 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1103838/000095010326006817/xslF345X05/ownership.xml

$IBN
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading

Asian equities traded in the US as American depositary receipts opened the week tracking higher Monday morning, rising 0.80% to 2,811.45 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services (CCM) and Friends (JF), which rose 20% and 3.3% respectively. They were followed by mobile big data platform Aurora Mobile (JG) and tech company Xunlei (XNET), which were up 2.9% and 2.4%, respectively.The decliners from North Asia were led by travel company Tuniu (TOUR) and semiconductor company Himax Technologies (HIMX), which fell 6.6% and 5%, respectively. They were followed by media company Phoenix New Media (FENG) and brand platform 36Kr (KRKR), which were down 4.8% and 1.6%, respectively.From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and telecommunications operator Telekomunikasi Indonesia (TLK), which advanced 3.4% and 1.6%, respectively. They were followed by lenders ICICI Bank (IBN) and HDFC Bank (HDB), which increased 0.3% and 0.2%, respectively.The decliners from South Asia were led by tech company Trident Digital Tech (TDTH) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 2.9% and 1.4%, respectively. They were followed by IT firm Infosys (INFY) and tech conglomerate Sea (SE), which lost 0.1% each.

$CAN$CCM$FENG$HDB$HIMX$IBN$INFY$JF$JG$KRKR$RDY$SE$TDTH$TLK$TOUR$XNET
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 Rise in Thursday Trading

Asian equities traded in the US as American depositary receipts were tracking moderately higher Thursday morning, rising 0.36% to 2,768.22 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by biopharmaceutical company Zai Lab (ZLAB) and solar panel maker JinkoSolar (JKS), which advanced 4.3% and 4.1% respectively. They were followed by fintech firm LexinFintech (LX) and tech company Xunlei (XNET), which increased 2.5% and 2.3% respectively.The decliners from North Asia were led by electric vehicle maker NIO (NIO) and semiconductor company Silicon Motion Technology (SIMO), which fell 3.7% and 3.5% respectively. They were followed by internet and data center services provider VNET Group (VNET) and semiconductor company Himax Technologies (HIMX), which were down 2.1% and 1.5% respectively.From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which rose 0.7% and 0.6% respectively. They were followed by IT firm Wipro (WIT) and lender ICICI Bank (IBN), which were up 0.5% and 0.2% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 0.4% and 0.3% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys (INFY), which were off 0.2% and 0.1% respectively.

$HIMX$IBN$INFY$JKS$LX$NIO$PHI$RDY$SE$SIFY$SIMO$TLK$VNET$WIT$XNET$ZLAB
Wire

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

Asian equities traded in the US as American depositary receipts were little changed Wednesday morning, edging 0.03% lower to 2,762.13 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by semiconductor company Silicon Motion Technology (SIMO) and video streaming service iQIYI (IQ), which climbed 30.4% and 5.9%, respectively. They were followed by used car marketplace Uxin (UXIN) and electric vehicle maker NIO (NIO), which advanced 2.7% and 1.7%, respectively.The decliners from North Asia were led by polysilicon manufacturer Daqo New Energy (DQ) and brand platform 36Kr (KRKR), which fell 9.6% and 6.9%, respectively. They were followed by biopharmaceutical company Zai Lab (ZLAB) and tech company Baidu (BIDU), which were down 5.3% and 3.9%, respectively.From South Asia, the only gainers were IT firm Infosys (INFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.6% and 0.2% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 3.6% and 1.9%, respectively. They were followed by lender ICICI Bank (IBN) and IT firm Wipro (WIT), which lost 1.1% and 1% respectively.Price: $194.15, Change: $+44.97, Percent Change: +30.14%

$BIDU$DQ$IBN$INFY$IQ$KRKR$NIO$RDY$SE$SIMO$TLK$UXIN$WIT$ZLAB
Asia Markets

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

Asian equities traded in the US as American depositary receipts were tracking higher Friday morning, rising 0.72% to 2,771.65 on the S&P Asia 50 ADR Index, which has fallen more than 2.5% for the week so far.From North Asia, the gainers were led by semiconductor firm ASE Technology (ASX) and internet and data center services provider VNET Group (VNET), which climbed 6.8% and 4.1% respectively. They were followed by computer hardware maker Canaan (CAN), which advanced 2.5%.The decliners from North Asia were led by LexinFintech (LX) and Four Seasons Education (FEDU), which shed 9.3% and 8.9% respectively. They were followed by financial firm Nomura (NMR) and 51Talk Online Education Group (COE), which fell 5.6% and 4.9% respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE), which rose 1.2%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender HDFC Bank (HDB), which were up 0.7% and 0.2% respectively.The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Infosys (INFY), which dropped 3.1% and 2.7% respectively. They were followed by ICICI Bank (IBN), which was down 0.9%.

$ASX$CAN$COE$FEDU$HDB$IBN$INFY$LX$NMR$RDY$SE$TLK$VNET
Asia Markets

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

Asian equities traded in the US as American depositary receipts were trending higher Wednesday morning, rising 0.48% to 2,787.98 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by fintech firm Maase (MAAS) and polysilicon manufacturer Daqo New Energy (DQ), which climbed 37.2% and 11.8% respectively. They were followed by computer hardware maker Canaan (CAN) and video display maker LG Display (LPL), which rose 6.7% and 4.5% respectively.The decliners from North Asia were led by real estate management and digital technology company Eason Technology (DXF) and fintech firm Qfin (QFIN), which fell 10.7% and 3.8% respectively. They were followed by video streaming service iQIYI (IQ) and travel company Tuniu (TOUR), which were down 2.5% and 1.7% respectively.From South Asia, the gainers were led by IT company Sify Technologies (SIFY) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which advanced 4.2% and 1.8% respectively. They were followed by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which were up 1.1% and 1% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and IT firm Infosys (INFY), which dropped 1.8% and 1.7% respectively. They were followed by lenders HDFC Bank (HDB) and ICICI Bank (IBN), which were off 0.7% each.

$CAN$DQ$DXF$HDB$IBN$INFY$IQ$LPL$MAAS$PHI$QFIN$RDY$SE$SIFY$TLK$TOUR
Asia Markets

Asian Equities Traded in US as ADRs Fall in Tuesday Trading

Asian equities traded in the US as American depositary receipts fell Tuesday morning with the S&P Asia 50 ADR Index declining 1.1% to 2,805.12.From North Asia, the gainers were led by education company 51Talk Online Education Group (COE) and lender CNFinance Holdings (CNF), which climbed 12% and 7.3%, respectively. They were followed by mobile app developer Cheetah Mobile (CMCM) and fintech firm J and Friends Holdings (JF), which advanced 6.1% and 4.4%, respectively.The decliners from North Asia were led by fintech firm Maase (MAAS) and fashion platform MOGU (MOGU), which dropped 15% and 5.5%, respectively. They were followed by internet and data center services provider VNET Group (VNET) and video streaming service iQIYI (IQ), which lost 5.2% and 5%, respectively.From South Asia, the gainers were led by lenders HDFC Bank (HDB) and ICICI Bank (IBN), which rose 1.8% and 1.6%, respectively. They were followed by IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which were up 1.5% and 0.3%, respectively.The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which fell 3.2% and 1.5%, respectively. They were followed by IT firm Infosys (INFY) and tech conglomerate Sea (SE), which were off 0.7% and 0.5%, respectively.

$CMCM$CNF$COE$HDB$IBN$INFY$IQ$JF$MAAS$MOGU$PHI$RDY$SE$SIFY$TLK$VNET
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Open Week Lower in Monday Trading

Asian equities traded in the US as American depositary receipts were heading lower Monday morning, declining 0.81% to 2,842.26 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education companies 17 Education & Technology Group (YQ) and Four Seasons Education (FEDU), which climbed 13% and 4.9% respectively. They were followed by game-centric live streaming platform DouYu International (DOYU) and brand platform 36Kr (KRKR), which advanced 4% each.The decliners from North Asia were led by mobile big data platform Aurora Mobile (JG) and computer hardware maker Canaan (CAN), which fell 12% and 3.2% respectively. They were followed by fintech firm J and Friends (JF) and used car marketplace Uxin (UXIN), which were down 2.7% and 2.4% respectively.From South Asia, the only gainers were IT firm Sify Technologies (SIFY) and lender ICICI Bank (IBN), which rose 1.6% and 0.6% respectively.The decliners from South Asia were led by lender HDFC Bank (HDB) and IT firm Wipro (WIT), which lost 3.4% and 2% respectively. They were followed by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 1.8% and 1.6% respectively.

$CAN$DOYU$FEDU$HDB$IBN$JF$JG$KRKR$RDY$SE$SIFY$UXIN$WIT$YQ
Research

Research Alert: CFRA Keeps Buy Recommendation On Adss Of Icici Bank

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:Our unchanged target price of USD35 is 20.2x our projected earnings per ADS (EPADS) for FY 27 (Mar.), vs. peers HDFC's 15x and SBI's 11.7x, which we think fairly reflects ICICI's resilient earnings and our projected ROE of 15.5%-16% for FY 27/FY 28, vs. HDFC's 14%-15% and SBI's 15%-15.5%. We expect ICICI's domestic loan growth to ease but stay strong at a low-teen level p.a. in FY 27/FY 28 (FY 26: +15%). Business and corporate loans will continue to lead the growth, but retail loan growth should also pick up in FY 27 from the positive impact of the GST reform and the strong housing market. We see some pressure on NIM from the 25-bp repo rate reduction in December and competition, but faster growth in higher-yielding business loans and ICICI's relatively high mix of CASA deposits will keep its NIM above the industry's, while the strengthening of its asset quality will bring down provision charges. We lift our EPADS estimate for FY 27 to INR160.78 from INR158.12, and introduce an FY 28 EPADS of INR175.40.

$IBN
Research

Research Alert: Icici Bank: Broadly Better-than-expected Fy 26 Results

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:FY 26 (Mar.) EPADS rose 5.1% to INR149.54, beating our flattish estimate due to better-than-projected loan growth (+15.8%; of which, business banking: +24.4%; retail and corporate loans: +9% to +10%), NIM (stable at 4.32%), and non-banking income. We think robust demand from SMEs, the positive impact of the 0%-GST reform in September 2025 on consumer spending, and the strong housing market will sustain loan momentum into FY 27. We see some pressure on NIM from the 25-bp cut in the benchmark repo rate in December 2025, but expect ICICI's NIM to stay range-bound and industry leading, aided by faster growth in higher-yielding business loans and ICICI's relatively high mix of CASA deposits (at about 41.4% of total deposits at end-FY 26). Asset quality was solid. Provision charges rose 14.9% in FY 26 due to an additional standard asset provision set aside for agricultural priority sector credit facilities, but there is no change in the portfolio's asset quality. We expect provision charges to ease in FY 27.

$IBN
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Surge in Friday Trading; Up 5% for Week

Asian equities traded in the US as American depositary receipts were moving sharply higher Friday morning, rising 2.14% to 2,877.93 on the S&P Asia 50 ADR Index, which is surging more than 5% for the week so far.From North Asia, the gainers were led by education company 17 Education & Technology Group (YQ) and computer hardware maker Canaan (CAN), which climbed 13% and 8.3%, respectively. They were followed by education company Four Seasons Education (FEDU) and consumer lender Eason Technology (DXF), which advanced 4.9% and 4.4%, respectively.The decliners from North Asia were led by healthcare platform 111 (YI), which fell 4.4%, followed by social media platform JOYY (JOYY) and semiconductor company Himax Technologies (HIMX), which were down 1.4% and 0.4%, respectively.From South Asia, the gainers were led by lenders HDFC Bank (HDB) and ICICI Bank (IBN), which rose 5.6% and 3.4%, respectively. They were followed by IT firm Sify Technologies (SIFY) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 3.1% and 2.3%, respectively.There were no decliners from South Asia.

$CAN$DXF$FEDU$HDB$HIMX$IBN$JOYY$RDY$SIFY$YI$YQ
Asia Markets

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

Asian equities traded in the US as American depositary receipts were tracking sharply higher Tuesday morning, rising 0.94% to 2,795.46 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and internet and data center services provider VNET Group (VNET), which climbed 9.6% and 5.3% respectively. They were followed by the utilities company Korea Electric Power (KEP) and video streaming service iQIYI (IQ), which advanced 5.1% and 5% respectively.The decliners from North Asia were led by brand platform 36Kr (KRKR) and healthcare platform 111 (YI), which fell 4.3% and 2.7% respectively. They were followed by mobile app developer Cheetah Mobile (CMCM) and lender Sumitomo Mitsui Financial Group (SMFG), which were down 1.1% and 0.7% respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE) and telecommunications operator PLDT (PHI), which rose 3.7% and 1% respectively. They were followed by lenders ICICI Bank (IBN) and HDFC Bank (HDB), which were up 0.7% and 0.3% respectively.The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 1.8%, followed by IT firms Wipro (WIT) and Sify Technologies (SIFY), which lost 1.3% and 1% respectively.

$CAN$CMCM$HDB$IBN$IQ$KEP$KRKR$PHI$SE$SIFY$SMFG$TLK$VNET$WIT$YI
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Begin Week Lower

Asian equities traded in the US as American depositary receipts were lower Monday morning, declining 0.67% to 2,735.86 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by travel company Tuniu (TOUR), which climbed 6.4%. It was followed by online game developer The9 (NCTY) and semiconductor company ASE Technology (ASX), which advanced 5.3% and 5% respectively.The decliners from North Asia were led by brand platform 36Kr (KRKR) and lender CNFinance (CNF), which fell 6.4% and 4.5% respectively. They were followed by video display maker LG Display (LPL) and computer hardware maker Canaan (CAN), which were down 3.6% and 2.6% respectively.From South Asia, the gainers were led by lender ICICI Bank (IBN), which rose 1.1%, followed by IT firms Infosys (INFY) and Wipro (WIT), which were up 0.3% and 0.2% respectively.The decliners from South Asia were led by IT company Sify Technologies (SIFY) and lender HDFC Bank (HDB), which dropped 2.6% and 1.6% respectively. They were followed by tech conglomerate Sea (SE) and pharmaceutical firm Dr. Reddy's Laboratories (RDY), which lost 1.4% and 0.7% respectively.

$ASX$CAN$CNF$HDB$IBN$INFY$KRKR$LPL$NCTY$RDY$SE$SIFY$TOUR$WIT

Showing 21-40 of 41

Track with the FINWIRES app suite