FINWIRES · TerminalLIVE
FINWIRES

$SIMO

40 stories mentioning SIMOUpdated 3d ago

Every FINWIRES story that references SIMO, newest first.

What are analysts saying about SIMO?

Recent broker actions mentioned in FINWIRES coverage. Compiled from wire headlines; not investment advice.

What's the latest news on SIMO?

Asia Markets

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

Asian equities traded in the US as American depositary receipts were lower Thursday morning, declining 0.92% to 2,956.37 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by online entertainment service firm iQIYI (IQ), which rose 1.4%. It was followed by fintech firm Jiayin Group (JFIN) and automotive platform Autohome (ATHM), which were up 1.3% each.The decliners from North Asia were led by 51Talk Online Education Group (COE) and 17 Education & Technology Group (YQ), which shed 16% and 9.6% respectively. They were followed by semiconductor firm Silicon Motion Technology (SIMO) and game developer The9 (NCTY), which fell 4% each.From South Asia, the lone gainer was IT firm Sify Technologies (SIFY), which increased 0.8%.The decliners from South Asia were led by Canaan (CAN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which lost 3.4% and 1.3% respectively. They were followed by HDFC Bank (HDB) and IT firm Infosys (INFY), which were down 1.1% and 0.6% respectively.

$ATHM$CAN$COE$HDB$INFY$IQ$JFIN$NCTY$RDY$SIFY$SIMO$YQ
Asia Markets

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

Asian equities traded in the US as American depositary receipts were tracking lower Wednesday morning, declining 0.79% to 2,994.01 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 semiconductor company Silicon Motion Technology (SIMO), which rose 3.1% and 2.9% respectively. They were followed by semiconductor company ASE Technology (ASX) and automotive company Honda Motor (HMC), which were up 2.4% and 2% respectively.The decliners from North Asia were led by healthcare platform 111 (YI) and online entertainment service iQIYI (IQ), which fell 5.9% and 5% respectively. They were followed by fintech firm High Templar Tech (HTT) and fashion platform MOGU (MOGU), which were down 4.9% and 3.7% respectively.From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and IT firm Sify Technologies (SIFY), which advanced 3.7% and 1.2.% respectively. They were followed by telecommunications operators PLDT (PHI) and Telekomunikasi Indonesia (TLK), which increased 0.7% and 0.4% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and IT firm Wipro (WIT), which dropped 4.8% and 2% respectively. They were followed by lender HDFC Bank (HDB) and IT firm Infosys (INFY), which lost 1.8% and 1.6% respectively.

$ASX$CAN$DXF$HDB$HMC$HTT$INFY$IQ$MOGU$PHI$SE$SIFY$SIMO$TLK$WIT$YI
Asia Markets

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

Asian equities traded in the US as American depositary receipts were edging lower Friday morning, declining 0.08% to 3,022.28 on the S&P Asia 50 ADR Index, which was up about 0.3% for the week so far.From North Asia, the gainers were led by semiconductor company Silicon Motion Technology (SIMO) and fintech firm J and Friends (JF), which rose 5.7% and 3% respectively. They were followed by online entertainment platform iQIYI (IQ) and semiconductor company Himax Technologies (HIMX), which were up 1.5% and 0.9% respectively.The decliners from North Asia were led by online game developer The9 (NCTY) and biopharmaceutical company Zai Lab (ZLAB), which fell 4.6% and 3.9% respectively. They were followed by real estate and digital security firm Eason Technology (DXF) and lender Shinhan Financial Group (SHG), which were down 3.1% and 2.9% respectively.From South Asia, the gainers were led by IT company Sify Technologies (SIFY) and tech conglomerate Sea (SE), which advanced 2.8% and 0.9% respectively. They were followed by lender HDFC Bank (HDB), which increased 0.2%.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and IT firm Infosys (INFY), which dropped 10% and 2.5% respectively. They were followed by telecommunications operator PLDT (PHI) and lender ICICI Bank (IBN), which lost 1% and 0.9% respectively.

$CAN$DXF$HDB$HIMX$IBN$INFY$IQ$JF$NCTY$PHI$SE$SHG$SIFY$SIMO$ZLAB
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

Silicon Motion Completes First stage of Compliance Program Under EU Cyber Resilience Act

Silicon Motion Technology (SIMO) said Thursday that it has completed the first stage of its compliance program for the European Union Cyber Resilience Act, or CRA.The company said it has aligned its product cybersecurity controls and processes with the CRA's incident-reporting obligations that are slated to take effect on Sept. 11.The effort represents a preparatory step ahead of the CRA's full application on Dec. 11, 2027, the company said, adding that it will continue to evolve its program as the act's remaining implementing guidance and standards are further developed and finalized.Shares of the company were down more than 3% in early Thursday trading.Price: $237.87, Change: $-4.64, Percent Change: -1.91%

$SIMO
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
Asia Markets

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

Asian equities traded in the US as American depositary receipts were tracking lower Thursday morning, declining 0.15% to 2,992.57 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by brand platform Baozun (BZUN) and lender CNFinance (CNF), which climbed 8.2% and 6.1% respectively. They were followed by education company 17 Education & Technology Group (YQ) and tech comapny Baidu (BIDU), which advanced 4.2% and 3.5% respectively.The decliners from North Asia were led by semiconductor company Silicon Motion Technology (SIMO) and fintech firm Jiayin Group (JFIN), which fell 4% and 3.9% respectively. They were followed by fintech company Qfin (QFIN), which was down 3.6%.From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and IT firm Infosys (INFY), which rose 3% and 0.6% respectively. They were followed by IT company Wipro (WIT) and lender ICICI Bank (IBN), which were up 0.3% and 0.1% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and telecommunications operator PLDT (PHI), which dropped 2.1% and 1.4% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and lender HDFC Bank (HDB), which lost 1.1% and 1% respectively.

$BIDU$BZUN$CAN$CNF$HDB$IBN$INFY$JFIN$PHI$QFIN$SE$SIMO$TLK$WIT$YQ
Asia Markets

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

Asian equities traded in the US as American depositary receipts opened the week lower Monday morning, declining 0.88% to 2,967.19 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education company 51Talk Online Education Group (COE) and automotive marketplace Token Cat (TC), which rose 4.4% and 2.9% respectively. They were followed by fintech firms High Templar Tech (HTT) and Jiayin Group (JFIN), which were up 1.4% and 1.2% respectively.The decliners from North Asia were led by semiconductor company Silicon Motion Technology (SIMO) and real estate management and digital security company Eason Technology (DXF), which fell 5.5% and 3% respectively. They were followed by video-sharing platform Bilibili (BILI) and internet and data center services provider VNET Group (VNET), which dropped 2.3% and 1.3% respectively.From South Asia, the only gainers were IT firm Wipro (WIT) and telecommunications company PLDT (PHI), which increased 1.3% and 0.7% respectively.The decliners from South Asia were led by lender HDFC Bank (HDB), which lost 1.9%. It was followed by lender ICICI Bank (IBN) and tech conglomerate Sea (SE), which were down 1.8% and 1.7% respectively.

$BILI$COE$DXF$HDB$HTT$IBN$JFIN$PHI$SE$SIMO$TC$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 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 Wednesday Trading

Asian equities traded in the US as American depositary receipts were tracking higher Wednesday morning, rising 0.58% to 3,025.84 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education company Four Seasons Education (FEDU) and semiconductor company Silicon Motion Technology (SIMO), which climbed 9.8% and 7.9% respectively. They were followed by automotive marketplace Token Cat (TC) and lender Sumitomo Mitsui Financial Group (SMFG), which rose 6.7% and 3.9% respectively.The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services (CCM) and utilities company Korea Electric Power (KEP), which lost 7.7% and 3.9% respectively. They were followed by online game developer The9 (NCTY) and real estate management and digital tech company Eason Technology (DXF), which dropped 3.7% and 3.3% respectively.The lone gainer from South Asia was computer hardware maker Canaan (CAN), which advanced 4.1%.The decliners from South Asia were led by IT firms Infosys (INFY) and Wipro (WIT), which fell 3.4% and 2% respectively. They were followed by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were down 1.7% and 0.7% respectively.

$CAN$CCM$DXF$FEDU$INFY$KEP$NCTY$RDY$SE$SIMO$SMFG$TC$WIT
Asia Markets

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

Asian equities traded in the US as American depositary receipts opened the week slightly lower Monday morning, declining 0.14% to 3,019.02 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by brand platform 36Kr (KRKR) and video display maker LG Display (LPL), which rose 3.8% and 3% respectively. They were followed by semiconductor company ASE Technology (ASX) and media company Phoenix New Media (FENG), which were up 2.9% each.The decliners from North Asia were led by semiconductor company Silicon Motion Technology (SIMO) and used car marketplace Uxin (UXIN), which fell 7.1% and 6.3% respectively. They were followed by automotive marketplace Token Cat (TC) and online game developer The9 (NCTY), which were down 3.3% and 3.2% respectively.From South Asia, the gainers were led by tech conglomerate Sea (SE) and computer hardware maker Canaan (CAN), which advanced 1.4% and 1.3% respectively. They were followed by IT firm Infosys (INFY), which increased 0.5%.The decliners from South Asia were led by telecommunications operators PLDT (PHI) and Telekomunikasi Indonesia (TLK), which dropped 2.3% and 1.5% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender HDFC Bank (HDB), which lost 1.1% and 0.9% respectively.

$ASX$CAN$FENG$HDB$INFY$KRKR$LPL$NCTY$PHI$RDY$SE$SIMO$TC$TLK$UXIN
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 Rise in Tuesday Trading

Asian equities traded in the US as American depositary receipts were higher Tuesday morning, rising 0.52% to 2,967.92 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX), which rose 8.4%. It was followed by media company Phoenix New Media (FENG) and semiconductor company Silicon Motion Technology (SIMO), which advanced 6.2% and 5.2% respectively.The decliners from North Asia were led by mobile big data platform Aurora Mobile (JG), which fell 10%. It was followed by diagnostic imaging centers company Concord Medical Services (CCM) and video-sharing platform Bilibili (BILI), which were down 2.9% and 2.2% respectively.From South Asia, the gainers were led by Canaan (CAN) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 6% and 1.1% respectively. They were followed by IT firm Sify Technologies (SIFY), which was up 0.9%.The decliners from South Asia were led by IT firm Wipro (WIT) and lender HDFC Bank (HDB), which fell 1.4% and 1.2% respectively. They were followed by telecommunications operator PLDT (PHI), which was off 0.9%.

$BILI$CAN$CCM$FENG$HDB$HIMX$INFY$JG$PHI$SIFY$SIMO$TLK$WIT
Asia Markets

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

Asian equities traded in the US as American depositary receipts were edging higher Monday morning, rising 0.15% to 2,948.83 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by polysilicon manufacturer Daqo New Energy (DQ) and tech company Alibaba Group (BABA), which rose 9.8% and 5% respectively. They were followed by brand platform Baozun (BZUN), which gained 3.1%.The decliners from North Asia were led by semiconductor company Silicon Motion Technology (SIMO) and lender Sumitomo Mitsui Financial Group (SMFG), which fell 3.3% and 2.8% respectively. They were followed by internet and data center services provider VNET Group (VNET), which lost 2.6%.From South Asia, the gainers were led by IT firm Wipro (WIT), which rose 3.3%. It was followed by ICICI Bank (IBN) and HDFC Bank (HDB), which were up 1.7% and 0.9% respectively.

$BABA$BZUN$DQ$HDB$IBN$SIMO$SMFG$VNET$WIT
Wire

Silicon Motion's Q2 Revenue, Margins Top Estimates on Broad-Based Growth, Wedbush Says

Silicon Motion Technology (SIMO) reported Q2 revenue and margins well above expectations and issued a sharply higher Q3 outlook, driven by broad-based growth in embedded, automotive and artificial intelligence-related products, Wedbush said in a report Thursday.Q2 revenue rose 127% from a year earlier to $451 million, topping the $403 million consensus estimate. Non-GAAP gross margin increased to 50.2%, while operating margin reached 23.1%, according to the report.Ferri and boot-drive sales more than doubled sequentially and accounted for nearly 30% of revenue as demand grew across automotive and artificial intelligence infrastructure applications, the firm said. Wedbush also said sales of Silicon Motion's "MonTitan" enterprise SSD controllers likely exceeded its expectations.Silicon Motion guided Q3 revenue to between $519 million and $541 million, with the midpoint about 23% above prior consensus expectations, the report said.Wedbush reiterated an outperform rating on Silicon Motion Technology with a price target of $400.Price: $246.03, Change: $+36.35, Percent Change: +17.34%

$SIMO
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
Wire

Silicon Motion Technology Keeps Quarterly Dividend at $0.50 per ADS, Payable Aug. 20 to Holders of Record Aug. 6

Silicon Motion Technology Keeps Quarterly Dividend at $0.50 per ADS, Payable Aug. 20 to Holders of Record Aug. 6

$SIMO

Showing 1-20 of 40

Track with the FINWIRES app suite

FolioX
FolioX
Track SIMO in your portfolio
WheelAI
WheelAI
Analyze SIMO options with the wheel strategy
StockInsider
StockInsider
See market sentiment on SIMO