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6 stories mentioning MAAS

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Asia Markets

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

Asian equities traded in the US as American depositary receipts were falling sharply Thursday morning, dropping 1.2% to 2,766.6 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by travel company Tuniu (TOUR) and fintech firm Maase (MAAS), which climbed 16.3% and 15.9% respectively. They were followed by education company 51Talk Online Education Group (COE) and media company Phoenix New Media (FENG), which increased 5.5% and 3.9% respectively.The decliners from North Asia were led by video display maker LG Display (LPL) and biopharmaceutical company Zai Lab (ZLAB), which shed 17% and 5.3% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and fintech company Jiayin Group (JFIN), which dropped 5% and 3.6% respectively.From South Asia, the only gainers were pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT (PHI), which rose 4.6% and 0.2% respectively.The decliners from South Asia were led by IT firms Infosys (INFY) and Wipro (WIT), which fell 6.4% and 4.7% respectively. They were followed by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which were each down 2.9%.

$COE$FENG$HIMX$INFY$JFIN$LPL$MAAS$PHI$RDY$SE$TLK$TOUR$WIT$ZLAB
Wire

Maase Launches Stars Project With Partners

Maase (MAAS) said Wednesday that its consolidated entity Huazhi Future Technology, along with China Power Computing Technology Application and Sino-International Yuzhi Technology, has launched the Stars Distributed Intelligent Computing Center project.The project involves planned investment of up to 5 billion renminbi ($733 million), the company said.It is designed to support the Chinese government's national initiatives to build an intelligent computing infrastructure network covering key regions, deliver standardized computing units, and enhance regional computing supply capacity and utilization efficiency.The Stars Project will adopt a three-layer collaborative architecture to address challenges related to latency, bandwidth costs, and data compliance bottlenecks when deploying AI applications in end-user scenarios such as industrial and urban governance, according to a statement.The company said the project will also promote edge computing and adopt a containerized, modular deployment method to address latency and data residency challenges associated with traditional centralized intelligent computing centers.Price: $13.16, Change: $+4.08, Percent Change: +44.90%

$MAAS
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 Little Changed in Thursday Trading

Asian equities traded in the US as American depositary receipts were little changed Thursday morning, edging 0.01% lower to 2,816.66 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by internet and data center services provider VNET Group (VNET) and lender CNFinance (CNF), which rose 4.9% and 4.7% respectively. They were followed by fintech firm J and Friends (JF) and brand platform Baozun (BZUN), which were up 4.6% and 3.9% respectively.The decliners from North Asia were led by solar panel maker JinkoSolar (JKS) and computer hardware manufacturer Canaan (CAN), which shed 16% and 4.7% respectively. They were followed by fintech company Maase (MAAS) and polysilicon manufacturer Daqo New Energy (DQ), which fell 3.9% and 3.5% respectively.From South Asia, the gainers were led by IT company Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which advanced 3.2% and 1.2% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator Telekomunikasi Indonesia (TLK), which increased 0.9% and 0.4% respectively.The only decliners from South Asia were IT firm Wipro (WIT) and lender HDFC Bank (HDB), which lost 2.4% and 1.6% respectively.

$BZUN$CAN$CNF$DQ$HDB$JF$JKS$MAAS$PHI$RDY$SIFY$TLK$VNET$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 0.59% 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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