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Asia Markets

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

Asian equities traded in the US as American depositary receipts opened the trading week sharply higher Monday morning, rising 1.19% to 2,889.22 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by electric vehicle maker NIO (NIO) and semiconductor company Himax Technologies (HIMX), which climbed 6.8% and 6.3% respectively. They were followed by fintech firm Qfin (QFIN) and entertainment streaming service Bilibili (BILI), which advanced 5.8% and 5.1% respectively.The decliners from North Asia were led by real estate management and digital security company Eason Technology (DXF) and mobile app developer Cheetah Mobile (CMCM), which shed 20% and 6.4% respectively. They were followed by solar panel maker JinkoSolar (JKS) and pharmaceutical company Takeda Pharmaceutical (TAK), which dropped 5.4% and 4.2% respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Infosys (INFY), which rose 5.3% and 2.5% respectively. They were followed by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which were up 0.4% and 0.1% respectively.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and IT firm Sify Technologies (SIFY), which fell 3.8% and 2.9% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender ICICI Bank (IBN), which were down 2.1% and 1.3% respectively.

$BILI$CAN$CMCM$DXF$HIMX$IBN$INFY$JKS$NIO$PHI$QFIN$RDY$SE$SIFY$TAK$TLK
Asia Markets

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

Asian equities traded in the US as American depositary receipts were heading lower Friday morning, declining 0.35% to 2,867.57 on the S&P Asia 50 ADR Index, which is up 0.5% for the week so far.From North Asia, the gainers were led by video display maker LG Display (LPL) and diagnostic imaging centers company Concord Medical Services (CCM), which advanced 11% and 3.1% respectively. They were followed by education company 17 Education & Technology Group (YQ) and tech company Baidu (BIDU), which increased 3% and 2.8% respectively.The decliners from North Asia were led by real estate management and digital security company Eason Technology (DXF) and internet and data center services provider VNET Group (VNET), which dropped 5.1% and 4.6% respectively. They were followed by biopharmaceutical company Zai Lab (ZLAB) and semiconductor company ASE Technology (ASX), which lost 3.2% and 3% respectively.From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and lender HDFC Bank (HDB), which rose 3.7% and 1.4% respectively. They were followed by lender 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 IT firm Wipro (WIT) and telecommunications operator Telekomunikasi Indonesia (TLK), which fell 5.6% and 1.8% respectively. They were followed by IT company Infosys (INFY) and tech conglomerate Sea (SE), which were down 1.7% and 0.9% respectively.

$ASX$BIDU$CAN$CCM$DXF$HDB$IBN$INFY$LPL$RDY$SE$TLK$VNET$WIT$YQ$ZLAB
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 Sharply in Tuesday Trading

Asian equities traded in the US as American depositary receipts were up sharply Tuesday morning, rising 1.6% to 2,895.57 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by fintech firm High Templar Tech (HTT) and social media company JOYY (JOYY), which climbed 24.6% and 15.6% respectively. They were followed by online brokerage UP Fintech (TIGR) and semiconductor company ASE Technology (ASX), which increased 14% and 12% respectively.The decliners from North Asia were led by property management and tech company Eason Technology (DXF) and fintech firm J and Friends (JF), which dropped more than 15% and 9% respectively. They were followed by automotive marketplace Token Cat (TC) and brand platform 36Kr (KRKR), which fell 5.8% and 3.6% respectively.From South Asia, the gainers were tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 2.8% and 2.3% respectively. They were followed by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up more than 1% each.The decliners from South Asia were IT firm Infosys (INFY) and fintech company Trident Digital Tech (TDTH), which fell 3% and 1.9% respectively.

$ASX$DXF$HTT$IBN$INFY$JF$JOYY$KRKR$RDY$SE$TC$TDTH$TIGR$TLK
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 Wednesday Surge Higher in Wednesday Trading

Asian equities traded in the US as American depositary receipts were surging higher Wednesday morning, climbing 1.87% to 2,896.53 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 video display maker LG Display (LPL), which surged 29% and 8.6% respectively. They were followed by online retailer JD.com (JD) and semiconductor company Himax Technologies (HIMX), which climbed 6% and 3.3% respectively.The decliners from North Asia were led by online game developer The9 (NCTY) and data centers and crypto assets company Token Cat (TC), which lost 3.3% and 3.2% respectively. They were followed by lender Shinhan Financial Group (SHG) and streaming music service Tencent Music Entertainment Group (TME), which dropped 2.8% and 2.2% respectively.From South Asia, the only gainers were pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 2.7% and 0.7% respectively.The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and IT firm Infosys (INFY), which fell 12% and 2.3% respectively. They were followed by computer hardware maker Canaan (CAN) and IT firm Wipro (WIT), which were down 1.7% and 1.3% respectively.

$CAN$HIMX$INFY$JD$LPL$NCTY$RDY$SHG$TC$TDTH$TLK$TME$VNET$WIT
Sectors

Sector Update: Healthcare Stocks Advance Late Afternoon

Healthcare stocks advanced late Tuesday afternoon, with the NYSE Healthcare Index and the State Street Healthcare Select Sector SPDR ETF (XLV) each rising about 2%.The iShares Biotechnology ETF (IBB) increased 1.2%.In sector news, President Donald Trump said Tuesday that US Food and Drug Administration Commissioner Marty Makary is resigning, Bloomberg reported.In corporate news, West Pharmaceutical Services (WST) shares were down 3% after the company said in a regulatory filing its global operations were disrupted by a cyberattack.Alkermes (ALKS) shares jumped past 7% after the firm said Tuesday a late-stage trial of Lumryz oral suspension in adults with idiopathic hypersomnia, a rare condition in which patients require excessive sleep, met all primary and secondary targets.Sonida Senior Living's (SNDA) recent stock decline was unwarranted given the broad-based strength in its Q1 results, RBC said in a note. RBC kept its outperform rating and raised its price target to $45 from $39. Shares eased 0.2%.Dr. Reddy's Laboratories (RDY) plans to launch a generic version of Novo Nordisk's (NVO) Ozempic this month in Canada, Bloomberg reported Tuesday, citing Chief Executive Erez Israeli. Dr. Reddy's shares fell 5.3%, and Novo rose 1.1%.

$ALKS$NVO$RDY$SNDA$WST
Wire

Market Chatter: Dr. Reddy's to Launch Generic Ozempic in Canada This Month

Dr. Reddy's Laboratories (RDY) intends to launch a generic version of Novo Nordisk's (NVO) Ozempic this month in Canada, Bloomberg reported Tuesday, citing comments by Chief Executive Erez Israeli.Health Canada approved its application in April, while exclusivity on semaglutide, the key ingredient in Ozempic and Wegovy, expired on Jan. 4 in Canada, the report said.Dr. Reddy's didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $12.29, Change: $-0.86, Percent Change: -6.51%

$NVO$RDY
Wire

Dr. Reddy's to Launch Generic Ozempic in Canada This Month, Bloomberg Reports

Dr. Reddy's to Launch Generic Ozempic in Canada This Month, Bloomberg Reports

$NVO$RDY
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 trending sharply lower Tuesday morning, falling 0.95% to 2,830.82 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education company 17 Education & Technology Group (YQ) and real estate management and digital security firm Eason Technology (DXF), which surged 11% and 9.6%, respectively. They were followed by healthcare platform 111 (YI) and casino and resort operator Melco Resorts & Entertainment (MLCO), which advanced 4% and 3.2%, respectively.The decliners from North Asia were led by game live-streaming service HUYA (HUYA) and semiconductor company Himax Technologies (HIMX), which dropped 7.5% and 7%, respectively. They were followed by utilities company Korea Electric Power (KEP) and tech company Xunlei (XNET), which lost 5.1% and 4.8%, respectively.From South Asia, the only gainers were fintech firm Trident Digital Tech (TDTH) and tech conglomerate Sea (SE), which rose 12% and 11%, respectively.The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which fell 5.6% and 2.3%, respectively. They were followed by computer hardware maker Canaan (CAN) and IT firm Infosys (INFY), which were down 2.2% and 2%, respectively.

$CAN$DXF$HIMX$HUYA$INFY$KEP$MLCO$RDY$SE$TDTH$WIT$XNET$YI$YQ
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
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 0.17% to 2,789.09 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by online game developer The9 (NCTY), which climbed 5.5%. It was followed by video display maker LG Display (LPL) and internet and data center services provider VNET Group (VNET), which advanced 3.7% and 2.5%, respectively.The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services (CCM), which fell 4.1%. It was followed by video-streaming service iQIYI (IQ) and fintech firm J and Friends (JF), which were down 1.2% and 1%, respectively.From South Asia, the gainers were led by IT firm Sify Technologies (SIFY), which rose 1.4%. It was followed by IT firm Wipro (WIT) and telecommunications operator PLDT (PHI), which were up 0.5% each.The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 6.8% and 1%, respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which were off 0.9% and 0.8%, respectively.

$CAN$CCM$IQ$JF$KRKR$LPL$NCTY$PHI$RDY$SE$SIFY$TDTH$TLK$VNET$WIT$YQ
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
Wire

Dr. Reddy's Laboratories Receives Health Canada Approval for Generic Semaglutide

Dr. Reddy's Laboratories (RDY) said Wednesday it received a Notice of Compliance from Health Canada to market its generic semaglutide injection.The regulatory clearance makes the pharmaceutical manufacturer the first company to obtain approval for the type 2 diabetes treatment in the country, the company said.The authorization covers the 2 mg and 4 mg pen dosages and was granted ahead of the agency's target review date, it said.Shares of the company were down 1.9% in Wednesday trading.Price: $13.77, Change: $-0.26, Percent Change: -1.89%

$RDY

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