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Asia Markets

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

Asian equities traded in the US as American depositary receipts were tracking slightly higher Thursday morning, rising 0.15% to 3,003.67 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by technology company Xunlei (XNET) and education company 17 Education & Technology Group (YQ), which climbed 4% and 10% respectively. They were followed by brand platform 36Kr (KRKR) and online entertainment service iQIYI (IQ), which advanced 4.6% and 4.5% respectively.The decliners from North Asia were led by semiconductor company Silicon Motion Technology (SIMO) and electric vehicle maker NIO (NIO), which dropped 4.9% and 2.5% respectively. They were followed by music streaming service Tencent Music Entertainment Group (TME) and fintech firm LexinFintech (LX), which lost 2.4% and 0.2% respectively.From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and IT firm Wipro (WIT), which rose 15% and 1% respectively. They were followed by telecommunications operator PLDT (PHI), which were up 1.1%.The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 1.8%, followed by lenders ICICI Bank (IBN) and HDFC Bank (HDB), which were off 0.5% each.

$CAN$HDB$IBN$IQ$KRKR$LX$NIO$PHI$RDY$SIMO$TME$WIT$XNET$YQ
Wire

LexinFintech Holdings Shares Fall After Citigroup Downgrade

LexinFintech Holdings (LX) shares fell 17% in Tuesday trading after Citigroup downgraded the stock to neutral from buy and lowered its price target to $1.20 from $4.38.Intraday volume topped 22.5 million shares, compared with the daily average of 2.4 million.Price: $0.88, Change: $-0.19, Percent Change: -17.48%

$LX
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 tracking higher Tuesday morning, rising 0.52% to 2,998.72 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by fashion platform MOGU (MOGU) and polysilicon manufacturer Daqo New Energy (DQ), which advanced 5.9% and 3.6% respectively. They were followed by education company 17 Education & Technology Group (YQ) and lender Shinhan Financial Group (SHG), which increased 3.4% and 3.2% respectively.The decliners from North Asia were led by fintech firm Jiayin Group (JFIN) and semiconductor company Silicon Motion Technology (SIMO), which fell 5.4% and 5.3% respectively. They were followed by fintech firm LexinFintech (LX) and semiconductor company Himax Technologies (HIMX), which were down 5% and 3.3% respectively.From South Asia, the gainers were led by telecommunications operators PLDT (PHI) and Telekomunikasi Indonesia (TLK), which rose 1.6% and 1.3% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender HDFC Bank (HDB), which were up 0.7% and 0.5% respectively.The decliners from South Asia were led by computer hardware maker Canaan (CAN), which dropped 11%, followed by IT firm Sify Technologies (SIFY), which lost 0.6%.

$CAN$DQ$HDB$HIMX$JFIN$LX$MOGU$PHI$RDY$SHG$SIFY$SIMO$TLK$YQ
Research

Citigroup Downgrades Lexinfintech Holdings to Neutral From Buy, Adjusts PT to $1.20 From $4.38

$LX
Asia Markets

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

Asian equities traded in the US as American depositary receipts started the week lower Monday morning, declining 0.30% to 3,004.82 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by online entertainment service iQIYI (IQ) and education company 17 Education & Technology Group (YQ), which advanced 3.3% and 2.2% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and automotive company Honda Motor (HMC), which increased 1.2% and 1% respectively.The decliners from North Asia were led by fintech firm LexinFintech (LX) and healthcare platform 111 (YI), which dropped 14% and 12% respectively. They were followed by mobile big data platform Aurora Mobile (JG) and biopharmaceutical company Zai Lab (ZLAB), which lost 5.7% and 3.9% respectively.From South Asia, the gainers were led by lender ICICI Bank (IBN) and IT firm Sify Technologies (SIFY), which rose 1.9% and 1.8% respectively. They were followed by IT firm Wipro (WIT) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 1.7% and 0.6% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which fell 3.9% and 3.1% respectively. They were followed by computer hardware maker Canaan (CAN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were down 2.9% and 0.6% respectively.

$CAN$HDB$HIMX$HMC$IBN$IQ$JG$LX$RDY$SE$SIFY$TLK$WIT$YI$YQ$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 modestly higher Friday morning, rising 0.32% to 3,016.75 on the S&P Asia 50 ADR Index, which is up 0.09% for the week so far.From North Asia, the gainers were led by mobile big data platform Aurora Mobile (JG) and video display maker LG Display (LPL), which climbed 10% and 6.2% respectively. They were followed by semiconductor company Silicon Motion Technology (SIMO) and diagnostic imaging centers company Concord Medical Services (CCM), which advanced 5.1% and 3.7% respectively.The decliners from North Asia were led by fintech firm LexinFintech (LX), which fell 3.5%. It was followed by media company Phoenix New Media (FENG) and online game developer The9 (NCTY), which were down 2% and 0.2% respectively.From South Asia, the gainers were led by lender HDFC Bank (HDB) and telecommunications operator Telekomunikasi Indonesia (TLK), which increased 0.8% and 0.7% respectively. They were followed by lender ICICI Bank (IBN), which was up 0.6%.The decliners from South Asia were led by IT firm Infosys (INFY) and computer hardware maker Canaan (CAN), which dropped 1.8% and 1.5% respectively. They were followed by IT firm Sify Technologies (SIFY) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which lost 1.1% each.

$CAN$CCM$FENG$HDB$IBN$INFY$JG$LPL$LX$NCTY$RDY$SIFY$SIMO$TLK
Asia Markets

Asian Equities Traded in the US as American Depositary Receipts Rise in Friday Trading; End Week Up 2%

Asian equities traded in the US as American depositary receipts were tracking higher Friday morning, rising 0.51% to 3,012.88 on the S&P Asia 50 ADR Index, which is up more than 2% for the week so far.From North Asia, the gainers were led by used car marketplace Uxin (UXIN) and biopharmaceutical company Zai Lab (ZLAB), which surged 27.6% and 11% respectively. They were followed by online game developer Gravity (GRVY) and semiconductor company Himax Technologies (HIMX), which climbed 9.8% and 5.8% respectively.The decliners from North Asia were led by online game developer The9 (NCTY) and diagnostic imaging centers company Concord Medical Services (CCM), which fell 7.2% and 5.5% respectively. They were followed by semiconductor company Silicon Motion Technology (SIMO) and fintech firm LexinFintech (LX), which lost 4.5% and 1% respectively.From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and tech conglomerate Sea (SE), which rose 12.2% and 1.8% respectively. They were followed by IT firm Infosys (INFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 1.6% and 1% respectively.The lone decliner from South Asia was lender ICICI Bank (IBN), which was down 1.4%.

$CAN$CCM$GRVY$HIMX$IBN$INFY$LX$NCTY$SE$SIMO$TLK$UXIN$ZLAB
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 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 Friday Trading

Asian equities traded in the US as American depositary receipts were higher on Friday morning, up 0.6% to 2,936.67 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by financial group KB Financial (KB) and cloud services provider Kingsoft Cloud (KC), which jumped 6.7% and 5.6%, respectively.They were followed by tech giant Alibaba (BABA) and e-commerce company JD.com (JD), which climbed 3.3% and 2.6%, respectively.The decliners from North Asia were led by consumer finance platform LexinFintech (LX) and fintech company Qfin (QFIN), which fell 8.5% and 6.1%, respectively.They were followed by semiconductor companies ASE Technology (ASX) and United Microelectronics (UMC), which dropped 3.1% and 3%, respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE) and computer hardware maker Canaan (CAN), which gained 5.4% and 4.5%, respectively.The decliners from South Asia were led by IT service management company Trident Digital Tech (TDTH), which fell past 10%, followed by pharmaceutical company Dr Reddy's Laboratories (RDY), which shed 5.2%.

$ASX$BABA$CAN$JD$KB$KC$LX$QFIN$RDY$SE$TDTH$UMC
Asia Markets

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

Asian equities traded in the US as American depositary receipts were higher on Thursday morning, up 0.71% to 2,920.24on 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 jumped 9.6% and 4.3% respectively. They were followed by semiconductor sector peers Himax Technologies (HIMX) and United Microelectronics (UMC), which climbed 4.6% and 1% respectively.The decliners from North Asia were led by electronics company LG Display (LPL) and consumer finance platform LexinFintech (LX), which dropped 5.2% and 4.9% respectively. They were followed by electric vehicle manufacturers Li Auto (LI) and Nio (NIO), which shed 2.3% and 1.9% respectively.From South Asia, the gainers were led by IT service management company Trident Digital Tech (TDTH) and tech conglomerate Sea (SE), which rose 8.2% and 2.7% respectively.The decliners from South Asia were led by computer hardware manufacturer Canaan (CAN), which fell 4.8%, followed by pharmaceutical company Dr Reddy's Laboratories (RDY), which was down 3%.

$ASX$CAN$HIMX$LI$LPL$LX$NIO$RDY$SE$SIMO$TDTH$UMC
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 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.

$CAN$CMCM$DOYU$DXF$HDB$KRKR$LX$NOAH$PHI$QFIN$SE$SIFY$TDTH$TLK$WIT$XNET
Asia Markets

Asian Equities Traded in US as ADRs Fall in Wednesday Trading

Asian equities traded in the US as American depositary receipts fell Wednesday with the S&P Asia 50 ADR Index dropping 0.4% to 2,872.69.From North Asia, the gainers were led by fintech firms Qfin Holdings (QFIN) and LexinFintech (LX), which surged 24% and 10%, respectively. They were followed by internet and data center services provider VNET Group (VNET) and social media platform JOYY (JOYY), which advanced 9% and 4.3%, respectively.The decliners from North Asia were led by video display maker LG Display (LPL) and mobile big data platform Aurora Mobile (JG), which shed 11% and 9%, respectively. They were followed by semiconductor companies Himax Technologies (HIMX) and Silicon Motion Technology (SIMO), which dropped 5.1% and 4.6%, respectively.From South Asia, the gainers were led by fintech firm Trident Digital Tech (TDTH) and IT firm Infosys (INFY), which climbed 23% and 2.3%, respectively. They were followed by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 1% and 0.7%, respectively.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and lender HDFC Bank (HDB), which fell 3% and 2.6%, respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT company Sify Technologies (SIFY), which were down 1.4% and 1.1%, respectively.

$CAN$HDB$HIMX$INFY$JG$JOYY$LPL$LX$QFIN$RDY$SE$SIFY$SIMO$TDTH$TLK$VNET
Asia Markets

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

Asian equities traded in the US as American depositary receipts were tracking higher Wednesday morning, rising 0.63% to 2,846.43 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by real estate and digital security company Eason Technology (DXF) and mobile big data provider Aurora Mobile (JG), which advanced 10% and 1.9% respectively. They were followed by solar panel maker JinkoSolar (JKS) and fintech firm LexinFintech (LX), which increased 1.7% and 1.2% respectively.The decliners from North Asia were led by online entertainment platform Bilibili (BILI) and utilities company Korea Electric Power (KEP), which fell 6.2% and 5.3% respectively. They were followed by automotive marketplaces Token Cat (TC) and Autohome (ATHM), which were down 5% and 2.3% respectively.From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 5.2% and 1.5% respectively. They were followed by lender ICICI Bank (IBN) and IT firm Sify Technologies (SIFY), which were up 0.6% and 0.5% respectively.The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and IT firm Infosys (INFY), which dropped 14% and 2.6% respectively. They were followed by tech conglomerate Sea (SE) and telecommunications operator PLDT (PHI), which lost 2% and 0.4% respectively.

$ATHM$BILI$CAN$DXF$IBN$INFY$JG$JKS$KEP$LX$PHI$SE$SIFY$TC$TDTH$TLK
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
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

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