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Asia Markets

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

Asian equities traded in the US as American depositary receipts were surging Thursday morning, advancing 2.39% to 2,915.30 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by semiconductor companies Silicon Motion Technology (SIMO) and ASE Technology (ASX), which climbed 26% and 8.6% respectively. They were followed by online game developer The9 (NCTY) and internet and data center services provider VNET Group (VNET), which advanced 7.9% and 7.2% respectively.The decliners from North Asia were led by brand platform Baozun (BZUN) and lender Nomura (NMR), which fell 4.1% and 4% respectively. They were followed by automotive marketplace Token Cat (TC) and fintech firm LexinFintech (LX), which were down 3.4% and 2.7% respectively.From South Asia, the gainers were led by Canaan (CAN) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 6.8% and 0.8% respectively. They were followed by ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.6% and 0.3% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and IT firm Infosys (INFY), which dropped 3.8% and 3.5% respectively. They were followed by IT firm Wipro (WIT) and telecommunications operator PLDT (PHI), which were off 0.8% and 0.3% respectively.

$ASX$BZUN$CAN$IBN$INFY$LX$NCTY$NMR$PHI$RDY$SE$SIMO$TC$TLK$VNET$WIT
Asia Markets

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

Asian equities traded in the US as American depositary receipts were falling sharply Tuesday morning, down 1.49% to 2,857.68 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by automotive company Honda Motor (HMC) and online retailer JD.com (JD), which rose 3.4% and 2.6% respectively. They were followed by fintech firm High Templar Tech (HTT) and social media video platform JOYY (JOYY), which were up 2.1% and 1.8% respectively.The decliners from North Asia were led by semiconductor company Silicon Motion Technology (SIMO), which tumbled 10%. It was followed by semiconductor companies ASE Technology (ASX) and Himax Technologies (HIMX), which fell 8.3% and 7.4% respectively.From South Asia, the gainers were led by IT firms Infosys (INFY) and Wipro (WIT), which advanced 3.1% and 1% respectively. They were followed by lender HDFC Bank (HDB) and telecommunications operator PLDT (PHI), which increased 0.4% and 0.3% respectively.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and IT firm Sify Technologies (SIFY), which dropped 8% and 1.4% respectively. They were followed by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.4% and 0.2% respectively.

$ASX$CAN$HDB$HIMX$HMC$HTT$IBN$INFY$JD$JOYY$PHI$RDY$SIFY$SIMO$WIT
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 Decline in Friday Trading

Asian equities traded in the US as American depositary receipts were tracking lower Friday morning, declining 0.48% to 2,877.67 on the S&P Asia 50 ADR Index, which is down marginally for the week so far.From North Asia, the gainers were led by education company Four Seasons Education (FEDU) and brand platform 36Kr (KRKR), which climbed 6.8% and 6.7% respectively. They were followed by automotive marketplace Token Cat (TC) and pharmaceutical company Takeda Pharmaceutical (TAK), which advanced 6.1% and 2.6% respectively.The decliners from North Asia were led by video display maker LG Display (LPL) and semiconductor company ASE Technology (ASX), which fell 4.6% and 4% respectively. They were followed by fintech firm High Templar Tech (HTT) and semiconductor company Silicon Motion Technology (SIMO), which were down 3.4% and 2.7% respectively.From South Asia, the gainers were led by IT companies Infosys (INFY) and Wipro (WIT), which increased 2.8% and 2% respectively. They were followed by lender HDFC Bank (HDB) and telecommunications operator PLDT (PHI), which rose 1.4% and 0.3% respectively.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and tech conglomerate Sea (SE), which dropped 2.8% and 1.4% respectively. They were followed by IT firm Sify Technologies (SIFY), which was off 0.4%.

$ASX$CAN$FEDU$HDB$HTT$INFY$KRKR$LPL$PHI$SE$SIFY$SIMO$TAK$TC$WIT
Research

JPMorgan Downgrades Infosys to Neutral From Overweight, Cuts Price Target to $10.90 From $12.70

Infosys (INFY) has an average rating of overweight and mean price target of $12.72, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$INFY
Research

HSBC Downgrades Infosys to Hold From Buy, Adjusts Price Target to $11.47 From $14.24

Infosys (INFY) has an average rating of overweight and mean price target of $12.72, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

$INFY
Asia Markets

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 trending lower Thursday morning, declining 0.49% to 2,900.49 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by video display maker LG Display (LPL) and utilities company Korea Electric Power (KEP), which climbed 4.7% and 2.5%, respectively. They were followed by education company 51Talk Online Education Group (COE) and polysilicon manufacturer Daqo New Energy (DQ), which were up 2.4% and 2%, respectively.The decliners from North Asia were led by automotive marketplace Token Cat (TC) and brand platform 36Kr (KRKR), which fell 5.9% and 5.7%, respectively. They were followed by real estate management and digital security company Eason Technology (DXF) and fintech firm High Templar Tech (HTT), which were down 4.3% and 2.8%, respectively.From South Asia, the only gainers were pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which rose 3.5% and 0.3%, respectively.The decliners from South Asia were led by IT company Infosys (INFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 4.7% and 2.1%, respectively. They were followed by lender HDFC Bank (HDB) and tech conglomerate Sea (SE), which lost 1.5% and 1.2%, respectively.

$COE$DQ$DXF$HDB$HTT$INFY$KEP$KRKR$LPL$RDY$SE$TC$TLK$WIT
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 surging higher Tuesday morning, rising 1.94% to 2,917.79 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by semiconductor companies ASE Technology (ASX) and Silicon Motion Technology (SIMO), which climbed 8% and 6.6% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and fintech firm Jiayin Group (JFIN), which advanced 6.4% and 4.2% respectively.The decliners from North Asia were led by online game developer The9 (NCTY) and tech company Alibaba Group (BABA), which fell 3.2% and 1.7% respectively. They were followed by streaming music service Tencent Music Entertainment Group (TME) and education company 17 Education & Technology Group (YQ), which increased 1.5% and 1.4% respectively.From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and IT firm Sify Technologies (SIFY), which rose 6.2% and 2.2% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and lender HDFC Bank (HDB), which were up 1% and 0.8% respectively.The decliners from South Asia were led by fintech company Trident Digital Tech (TDTH) and IT firm Infosys (INFY), which dropped 2.9% and 0.8% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT (PHI), which were off 0.6% and 0.3% respectively.

$ASX$BABA$CAN$HDB$HIMX$INFY$JFIN$NCTY$PHI$RDY$SIFY$SIMO$TDTH$TLK$TME$YQ
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 started the week tracking higher Monday morning, rising 0.57% to 2,873.67 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by game live-streaming platform DouYu International (DOYU) and real estate management and digital securities provider Eason Technology (DXF), which increased 5.2% and 4.1%, respectively. They were followed by internet and data center services provider VNET Group (VNET) and education company 51Talk Online Education Group (COE), which climbed 3.2% and 2.7%, respectively.The decliners from North Asia were led by used car marketplace Uxin (UXIN) and lender CNFinance (CNF), which shed 15.1% and 11% respectively. They were followed by automotive marketplace Token Cat (TC) and fintech firm LexinFintech (LX), which fell 5.5% and 2.9% respectively.From South Asia, the gainers were led by fintech company Trident Digital Tech (TDTH) and tech conglomerate Sea (SE), which rose 3.1% and 2.6% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and lender ICICI Bank (IBN), which were up 2.6% and 0.9% respectively.The decliners from South Asia were led by lender HDFC Bank (HDB) and IT firm Infosys (INFY), which dropped 9.8% and 1.4% respectively. They were followed by IT company Wipro (WIT) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 1.3% and 0.4% respectively.

$CNF$COE$DOYU$DXF$HDB$IBN$INFY$LX$RDY$SE$TC$TDTH$TLK$UXIN$VNET$WIT
Asia Markets

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

Asian equities traded in the US as American depositary receipts were higher on Tuesday morning, adding 0.9% to 2,938.12 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by private education company New Oriental Education & Tech (EDU) and financial services company Mitsubishi UFJ Financial Group (MUFG), which advanced 3.6% and 3.5%, respectively.They were followed by solar module manufacturer JinkoSolar (JKS) and semiconductor company United Microelectronics (UMC), which climbed 2.2% and 1.2%, respectively.The decliners from North Asia were led by semiconductor services company ChipMOS Technologies (IMOS) and tech company Baidu (BIDU), which dropped 6.8% and 5%, respectively.They were followed by tech and gaming firm NetEase (NTES) and semiconductor maker Himax (HIMX), which shed 2.3% and 1%, respectively.From South Asia, the gainers were led by telecom PLDT (PHI) and online travel agency Trip.com (TCOM), which rose 0.8% and 0.2%, respectively.The decliners from South Asia were led by tech company Infosys (INFY), which fell 3.2%, followed by bank HDFC (HDB), which was down 1.3%.

$BIDU$EDU$HDB$HIMX$IMOS$INFY$JKS$MUFG$NTES$PHI$TCOM$UMC
Asia Markets

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

Asian equities traded in the US as American depositary receipts were slightly higher on Monday morning, up 0.2% to 2,938.75 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by technology company NetEase (NTES) and financial group Mitsubishi UFJ Financial (MUFG), which advanced 3.4% and 1.4% respectively. They were followed by private education service provider New Oriental Education & Tech (EDU), which added 0.7%.The decliners from North Asia were led by solar technology companies Daqo New Energy (DQ) and JinkoSolar (JKS), which fell 4.5% and 2.9% respectively.From South Asia, the gainers were led by technology company Infosys (INFY) and tech conglomerate Sea (SE), which rose 3.7% and 2.8% respectively.The decliners from South Asia were led by technology company Sify Technologies (SIFY), which fell 3.3%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY), which was down 1.5%.

$DQ$EDU$INFY$JKS$MUFG$NTES$RDY$SE$SIFY
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
Asia Markets

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

Asian equities traded in the US as American depositary receipts were surging higher Thursday morning, climbing 2.22% to 2,904.10 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by lender Shinhan Financial Group (SHG) and utilities company Korea Electric Power (KEP), which rose 8% and 4.7% respectively. They were followed by pharmaceutical company Takeda Pharmaceutical (TAK) and automotive company Honda Motor (HMC), which were up 3.6% and 3.4% respectively.The decliners from North Asia were led by automotive marketplace Token Cat (TC) and real estate management and digital security company Eason Technology (DXF), which plunged 37% and 30% respectively. They were followed by automotive marketplaces Uxin (UXIN) and Autohome (ATHM), which decreased 6.2% and 3.5% respectively.From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and IT firm Infosys (INFY), which advanced 4.2% and 3% respectively. They were followed by tech conglomerate Sea (SE) and telecommunications operator PLDT (PHI), which increased 2.2% and 2% respectively.The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and IT company Sify Technologies (SIFY), which fell 1.2% and 1% respectively. They were followed by IT company Wipro (WIT) and lender HDFC Bank (HDB), which were off 0.2% and 0.1% respectively.

$ATHM$CAN$DXF$HDB$HMC$INFY$KEP$PHI$SE$SHG$SIFY$TAK$TC$TDTH$UXIN$WIT
Asia Markets

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

Asian equities traded in the US as American depositary receipts were trending higher Tuesday morning, rising 0.76% to 2,855.11 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education company 51Talk Online Education Group (COE) and semiconductor company ASE Technology (ASX), which climbed 15% and 4.2% respectively. They were followed by fintech firm High Templar Tech (HTT) and streaming video service iQIYI (IQ), which increased 3.7% and 3% respectively.The decliners from North Asia were led by utilities company Korea Electric Power (KEP) and video display maker LG Display (LPL), which fell 3.4% and 3.2% respectively. They were followed by online marketplace Autohome (ATHM) and fintech firm Qfin (QFIN), which were down 2% and 1.7% respectively.From South Asia, the lone gainer was IT firm Sify Technologies (SIFY), which rose 0.3%.The decliners from South Asia were led by fintech company Trident Digital Tech (TDTH) and computer hardware maker Canaan (CAN), which dropped 7.7% and 4.2% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Infosys (INFY), which lost 2.5% and 2.3% respectively.

$ASX$ATHM$CAN$COE$HTT$INFY$IQ$KEP$LPL$QFIN$SIFY$TDTH$TLK
Madison Square's Potential Theater Monetization Already Baked Into Share Price, Seaport Says
Wire

Madison Square's Potential Theater Monetization Already Baked Into Share Price, Seaport Says

Madison Square Garden Entertainment's (MSGE) potential monetization of the Theater at the Garden could drive incremental capital returns for shareholders, though that enthusiasm is likely already baked into the share price, Seaport Research Partners said in a note on Monday.Madison Square entered into a memorandum of understanding with Penn Transformation Partners earlier this month, in connection with the proposed redevelopment of New York Penn Station, the company said in a recent filing.As part of the redevelopment, a grand entrance to a new train hall will be constructed on 8th Avenue by removing the Infosys Theater, Amtrak, which is more formally known as National Railroad Passenger Corp., and Penn Transformation Partners said last week. The Theater at Madison Square Garden was renamed to the Infosys (INFY) Theater at Madison Square Garden, the companies said in February.The MOU contemplates the transfer of the Infosys Theater to Penn Transformation Partners, subject to further negotiation and execution of definitive documentation, Madison Square said in the filing.Madison Square's share price has crossed Seaport's recently-increased $80 price target. The brokerage downgraded the stock to neutral from buy."MSG Entertainment shares now largely reflect the strong fundamental growth for (fiscal 2026), the positive upcoming event visibility, and the hopes for possibly monetizing the Theater at the Garden (which could mean incremental opportunistic capital returns," Seaport senior analyst David Joyce wrote.Madison Square has been working toward an estimated 11.5% adjusted operating income growth for fiscal 2026, and could see a similar rate in 2027.Live Nation Entertainment (LYV) can command more volume and pricing growth than Madison, Joyce said."While we like (Madison Square's) assets and growth outlook, and it may indeed offer some form of opportunistic capital returns if and when a sale of the Theater at the Garden materializes, we think it is closer to the upper bound of its AOI/growth ratio and should trade at somewhat of a discount to (Live Nation)," Joyce said.Madison said in May that its fiscal third-quarter revenue increased year over year, while adjusted operating income plunged 20%.Price: $80.94, Change: $+0.64, Percent Change: +0.80%

$INFY$LYV$MSGE
Asia Markets

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

Asian equities traded in the US as American depositary receipts were lower on Friday morning, decreasing 0.3% to 2,764.75 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by video streaming company IQIYI (IQ) and carmaker Honda (HMC), which advanced 4.6% and 2.9% respectively.They were followed by hotel management company H World (HTHT), which advanced 1.6%.The decliners from North Asia were led by semiconductor companies Himax Technologies (HIMX) and ASE Technology (ASX), which fell 5% and 4% respectively.They were followed by financial company Futu (FUTU), which was down 1.9%.From South Asia, the gainers were led by pharmaceutical company Dr Reddy's Laboratories (RDY) and technology company Infosys (INFY), which rose 2.1% and 1.1% respectively.The decliners from South Asia were led by computer hardware manufacturer Canaan (CAN), which fell 2.5%.

$ASX$CAN$FUTU$HIMX$HMC$HTHT$INFY$IQ$RDY
Asia Markets

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

Asian equities traded in the US as American depositary receipts were lower Thursday morning, declining 0.44% to 2,793.79 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education firm 51Talk Online Education Group (COE) and Korea Electric Power (KEP), which rose 11% and 3.5% respectively. They were followed by semiconductor firm Silicon Motion Technology (SIMO) and lender Nomura (NMR), which increased 3.4% and 3.3% respectively.The decliners from North Asia were led by fintech firm High Templar Tech (HTT) and internet and data center services provider VNET Group (VNET), which dropped 16% and 6.2% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and tech company Alibaba Group (BABA), which lost 5.2% and 4.7% respectively.From South Asia, the gainers were led by IT firm Sify Technologies (SIFY), which rose 2.2%. It was followed by pharmaceutical firm Dr. Reddy's Laboratories (RDY) and lender ICICI Bank (IBN), which were up 1.5% and 0.7% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and Canaan (CAN), which fell 4.7% and 2.1% respectively. They were followed by IT firms Infosys (INFY) and Wipro (WIT), which were down 1.9% and 1.8% respectively.

$BABA$CAN$COE$HIMX$HTT$IBN$INFY$KEP$NMR$RDY$SE$SIFY$SIMO$VNET$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 0.14% to 2,813.02 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by fintech firm Jiayin Group (JFIN) and diagnostic imaging centers company Concord Medical Services (CCM), which climbed 6.6% and 5.7% respectively. They were followed by semiconductor company ASE (ASX) and video-sharing platform Bilibili (BILI), which advanced 5.2% and 4.2% respectively.The decliners from North Asia were led by mobile big data platform Aurora Mobile (JG) and education company 17 Education & Technology Group (YQ), which dropped 8.6% and 7.5% respectively. They were followed by lender Shinhan Financial Group (SHG) and video display maker LG Display (LPL), which lost 3.6% and 3.5% respectively.From South Asia, the gainers were led by lender ICICI Bank (IBN) and HDFC Bank (HDB), which rose 2.1% and 1.6% respectively. They were followed by IT firm Infosys (INFY) and telecommunications operator PLDT (PHI), which were up 1.6% and 0.1% respectively.The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and computer hardware maker Canaan (CAN), which fell 18.1% and 3.9% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which were down 1.6% and 0.2% respectively.

$ASX$BILI$CAN$CCM$HDB$IBN$INFY$JFIN$JG$LPL$PHI$SE$SHG$TDTH$TLK$YQ
Asia Markets

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

Asian equities traded in the US as American depositary receipts fell Tuesday morning, tumbling 3.1% to 2,816.27 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by mobile app developer Cheetah Mobile (CMCM) and pharmaceutical company Takeda Pharmaceutical (TAK), which rose 2% each. They were followed by travel company Tuniu (TOUR), which was up 0.1%.The decliners from North Asia were led by fintech firm Jiayin Group (JFIN) and semiconductor company ASE Technology (ASX), which fell 29.9% and 7.6% respectively. They were followed by video display maker LG Display (LPL) and semiconductor company Silicon Motion Technology (SIMO), which shed 6.9% and 6.4% respectively.From South Asia, the gainers were led by IT firm Wipro (WIT) and telecommunications operator Telekomunikasi Indonesia (TLK), which increased 3.1% and 1.5% respectively. They were followed by IT firm Infosys (INFY) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which advanced 1% each.The decliners from South Asia were lenders ICICI Bank (IBN) and HDFC Bank (HDB), which were down 1% and 0.5% respectively.

$ASX$CAN$CMCM$IBN$INFY$JFIN$LPL$RDY$SIFY$SIMO$TAK$TDTH$TLK$TOUR$WIT
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Edge Up Monday

Asian equities traded in the US as American depositary receipts opened the week slightly higher Monday morning, rising 0.11% to 2,914.33 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by mobile big data platform Aurora Mobile (JG) and semiconductor company Silicon Motion Technology (SIMO), which climbed 11% and 7.4% respectively. They were followed by semiconductor company ASE Technology (ASX) and online game developer Gravity (GRVY), which advanced 6.5% and 5.5% respectively.The decliners from North Asia were led by 17 Education & Technology Group (YQ) and LG Display (LPL), which fell 6% and 5.6% respectively. They were followed by fintech firm J and Friends (JF) and Eason Technology (DXF), which were down 4.6% and 4.4% respectively.From South Asia, the gainers were led by Canaan (CAN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 7.6% and 5.1% respectively. They were followed by IT firm Infosys (INFY) and ICICI Bank (IBN), which were up 4.2% and 1.9% respectively.The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and IT firm Wipro (WIT), which dropped 11% and 6.5% respectively. They were followed by Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which lost 3.4% and 1.3% respectively.

$ASX$CAN$DXF$GRVY$IBN$INFY$JF$JG$LPL$RDY$SE$SIMO$TDTH$TLK$WIT$YQ

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