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Asia Markets

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

Asian equities traded in the US as American depositary receipts opened the shortened trading week lower Tuesday morning, declining 0.31% to 3,020.55 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education company 17 Education & Technology Group (YQ) and semiconductor company ASE Technology (ASX), which surged 20% and 5.9%, respectively. They were followed by utilities company Korea Electric Power (KEP) and internet and data center services provider VNET Group (VNET), which rose 5.4% and 5.6%, respectively.The decliners from North Asia were led by healthcare platform 111 (YI) and tech company Baidu (BIDU), which shed 22% and 8%, respectively. They were followed by automotive company Honda Motor (HMC) and online game developer The9 (NCTY), which dropped 3.8% and 3.4%, respectively.From South Asia, the only gainers were telecommunications company Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which were up 1.3% and 0.2%, respectively.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and IT firm Infosys INFY), which fell 7.1% and 4.4%, respectively. They were followed by IT firms Wipro (WIT) and Sify Technologies (SIFY), which were down 3.6% and 1.7%, respectively.

$ASX$BIDU$CAN$HMC$INFY$KEP$NCTY$SE$SIFY$TLK$VNET$WIT$YI$YQ
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 0.72% to 3,003.68 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by biopharmaceutical company Zai Lab (ZLAB) and education company 17 Education & Technology Group (YQ), which climbed 6% and 4.8% respectively. They were followed by online entertainment service iQIYI (IQ) and fintech firm J and Friends (JF), which advanced 2.4% and 2.5% respectively.The decliners from North Asia were led by fintech firm Jiayin Group (JFIN) and electric vehicle maker NIO (NIO), which dropped 6.8% and 4.9% respectively. They were followed by internet and data center services provider VNET Group (VNET) and semiconductor company ASE Technology (ASX), which fell 2.5% and 0.5% respectively.From South Asia, the gainers were led by IT company Sify Technologies (SIFY) and lender ICICI Bank (IBN), which rose 2.4% and 1% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK), which increased 0.2%.The decliners from South Asia were led by computer hardware maker Canaan (CAN), which dropped 3.1%, followed by IT firm Wipro (WIT) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 1.4% and 0.4% respectively.

$ASX$CAN$IBN$IQ$JF$JFIN$NIO$RDY$SIFY$TLK$VNET$WIT$YQ$ZLAB
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 Edge Higher in Wednesday Trading

Asian equities traded in the US as American depositary receipts were tracking modestly higher Wednesday morning, rising 0.24% to 2,986.79 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by biopharmaceutical company Zai Lab (ZLAB) and internet and data center services provider VNET Group (VNET), which climbed 5% and 1% respectively. They were followed by solar panel maker JinkoSolar (JKS) and video display maker LG Display (LPL), which increased 2.3% and 1.7% respectively.The decliners from North Asia were led by online entertainment video services company iQIYI (IQ) and brand platform 36Kr (KRKR), which lost 10% and 4.6% respectively. They were followed by media company Phoenix New Media (FENG) and education company 51Talk Online Education Group (COE), which fell 3.3% and 1.5% respectively.From South Asia, the gainers were led by telecommunications operators PLDT (PHI) and Telekomunikasi Indonesia (TLK), which rose 2.1% and 1.6% respectively. They were followed by IT firms Infosys (INFY) and Wipro (WIT), which were up 2.9% and 1.3% respectively.The only decliners from South Asia were IT firm Sify Technologies (SIFY) and lender ICICI Bank (IBN), which were down 1.3% and 0.1% respectively.

$COE$FENG$IBN$INFY$IQ$JKS$KRKR$LPL$PHI$SIFY$TLK$VNET$WIT$ZLAB
Wire

Update: Vnet Group Shares Fall After Q2 Loss Widens

(Updates with latest stock price movement in the headline and first paragraph.)Vnet Group (VNET) shares were down 17% in Tuesday afternoon trading after the company reported a wider Q2 net loss.The company reported a Q2 net loss Tuesday of 0.54 Chinese renminbi ($0.08) per diluted American depositary share, widening from a loss of 0.06 renminbi a year earlier.Net revenue for the quarter ended June 30 was 2.78 billion renminbi, compared with 2.43 billion renminbi a year earlier.Four analysts expected 2.73 billion renminbi.For 2026, the company said it expects net revenue of 11.5 billion renminbi to 11.8 billion renminbi. That's unchanged compared with its previously provided guidance. Analysts are looking for 11.70 billion renminbi.Separately, the company said it has entered a strategic agreement with Contemporary Amperex Technology to jointly develop integrated compute energy infrastructure.Under the deal, the companies will collaborate on green data centers and direct green power connection technologies, Vnet said.Price: $6.57, Change: $-1.36, Percent Change: -17.11%

$VNET
Asia Markets

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

Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 1.03% to 2,988.00 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by pharmaceutical company Takeda Pharmaceutical (TAK) and fashion platform MOGU (MOGU), which rose 4.3% and 3.3% respectively. They were followed by tech company Alibaba Group (BABA) and game live-streaming platform HUYA (HUYA), which were up 2.8% and 1.5% respectively.The decliners from North Asia were led by internet and data center services provider VNET Group (VNET) and semiconductor company ASE Technology (ASX), which fell 9.3% and 8.6% respectively. They were followed by tech company Baidu (BIDU) and automotive marketplace Token Cat (TC), which lost 8.5% and 5.7% respectively.From South Asia, the only gainers were lender ICICI Bank (IBN) and IT firm Infosys (INFY), which were up 0.4% and 0.1% respectively.The decliners from South Asia were led by tech conglomerate Sea (SE) and computer hardware maker Canaan (CAN), which dropped 3.5% and 3.3% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator Telekomunikasi Indonesia (TLK), which were off 0.4% and 0.3% respectively.

$ASX$BABA$BIDU$CAN$HUYA$IBN$INFY$MOGU$RDY$SE$TAK$TC$TLK$VNET
Sectors

Sector Update: Tech Stocks Fall Pre-Bell Tuesday

Technology stocks were falling pre-bell Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) down 1.9% and the State Street SPDR S&P Semiconductor ETF (XSD) 2.6% lower.Baidu (BIDU) shares were down nearly 9% after the company reported lower Q2 non-GAAP earnings and revenue.Vnet Group (VNET) stock was 9% lower after the company posted a wider Q2 net loss.Einride (ENRD) shares were up more than 22% after the company reported a narrower H1 loss as revenue increased during the period.

$BIDU$ENRD$VNET$XLK$XSD
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 opened the week slightly higher Monday morning, edging up 0.12% to 3,015.33 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by brand platform 36Kr (KRKR) and real estate management and digital security firm Eason Technology (DXF), which rose 4.1% and 2% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and internet and data center services provider VNET Group (VNET), which were up 1.8% and 1.7% respectively.The decliners from North Asia were led by fashion platform MOGU (MOGU) and tech company Xunlei (XNET), which fell 5.7% and 4.6% respectively. They were followed by fintech firm AMTD Digital (HKD) and healthcare platform 111 (YI), which were down 4.5% and 4% respectively.There were no gainers from South Asia.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and IT firm Infosys (INFY), which dropped 2.2% and 1.7% respectively. They were followed by IT company Wipro (WIT) and tech conglomerate Sea (SE), which lost 1.1% and 1% respectively.

$CAN$DXF$HIMX$HKD$INFY$KRKR$MOGU$SE$VNET$WIT$XNET$YI
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 higher Thursday morning, rising 0.55% to 3,004.55 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by biopharmaceutical company Zai Lab (ZLAB) and diagnostic imaging centers company Concord Medical Services (CCM), which climbed 12.8% and 7.8% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and fintech firm J and Friends (JF), which advanced 3.9% and 6.2% respectively.The decliners from North Asia were led by fintech company Jiayin Group (JFIN) and used car marketplace Uxin (UXIN), which fell 12% and 4.9% respectively. They were followed by lender CNFinance (CNF) and internet and data center services provider VNET Group (VNET), which lost 4.3% and 3.1% respectively.From South Asia, the gainers were led by telecommunications operator PLDT (PHI) and computer hardware maker Canaan (CAN), which rose 1.4% and 0.8% respectively. They were followed by lender ICICI Bank (IBN) and IT firm Sify Technologies (SIFY), which were up 0.7% and 0.6% respectively.The decliners from South Asia were led by IT company Infosys (INFY) and tech conglomerate Sea (SE), which dropped 3% and 2.9% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which were off 0.5% and 0.3% respectively.

$CAN$CCM$CNF$HIMX$IBN$INFY$JF$JFIN$PHI$RDY$SE$SIFY$UXIN$VNET$WIT$ZLAB
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
Asia Markets

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

Asian equities traded in the US as American depositary receipts were slightly higher on Friday morning, up 0.1% to 2,934.38 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by sports schools operator Leifras (LFS) and cloud service provider Kingsoft Cloud (KC), which climbed 11% and 7.4% respectively.They were followed by tech and e-commerce giant Alibaba (BABA) and private education services provider New Oriental Education (EDU), which rose 3.2% and 2.6% respectively.The decliners from North Asia were led by Internet and data center service provider VNET (VNET) and autonomous driving technology company WeRide (WRD), which fell 4% and 2.9% respectively.They were followed by steelmaker Posco (PKX), which shed 2.6%.From South Asia, the gainers were led by travel service provider Trip.com (TCOM), which added 0.4%.The decliners from South Asia were led by HDFC Bank (HDB), which fell 1.1%, followed by telecom PLDT (PHI), which was down 1%.

$BABA$EDU$HDB$KC$LFS$PHI$PKX$TCOM$VNET$WRD
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 Track Lower in Wednesday Trading

Asian equities traded in the US as American depositary receipts were tracking lower Wednesday morning, declining 0.84% to 2,853.03 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by education company Four Seasons Education (FEDU) that rose 7% and mobile big data platform Aurora Mobile (JG), which rose 6%. They were followed by electric vehicle maker NIO (NIO), which was up 4%.The decliners from North Asia were led by real estate management and digital security firm Eason Technology (DXF) and automotive marketplace Token Cat (TC), which dropped 9% and 5.6% respectively. They were followed by internet and data center services provider VNET Group (VNET) and biopharmaceutical company Zai Lab (ZLAB), which lost 5.9% and 2.5% respectively.From South Asia, the gainers were led by IT firm Wipro (WIT) and tech conglomerate Sea (SE), which advanced 1.7% and 0.5% respectively. They were followed by lender HDFC Bank (HDB) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which increased 0.8% and 0.7% respectively.The decliners from South Asia were led by computer hardware maker Canaan (CAN) and IT firm Sify Technologies (SIFY), which fell 2% and 0.8% respectively. They were followed by lender ICICI Bank (IBN) and telecommunications operator Telekomunikasi Indonesia (TLK), which were off 1% and 0.5% respectively.

$CAN$DXF$FEDU$HDB$IBN$JG$NIO$RDY$SE$SIFY$TC$TLK$VNET$WIT$ZLAB
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 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 Rise in Monday Trading

Asian equities traded in the US as American depositary receipts were trading higher Monday morning, rising 0.74% to 2,801.88 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by lender Shinhan Financial Group (SHG) and video-sharing platform Bilibili (BILI), which were up 4.2% and 3.1% respectively. They were followed by video display maker LG Display (LPL) and streaming entertainment service iQIYI (IQ), which were up 2.2% and 2% respectively.The decliners from North Asia were led by mobile big data platform Aurora Mobile (JG) and real estate management and digital security firm Eason Technology (DXF), which lost 8% and 4% respectively. They were followed by fintech company J and Friends (JF) and data center services provider VNET Group (VNET), which dropped 2.8% and 2% respectively.From South Asia, the only gainers were tech conglomerate Sea (SE) and telecommunications operator PLDT (PHI), which increased 3.4% and 0.6% respectively.The decliners from South Asia were led by fintech firm Trident Digital Tech (TDTH) and computer hardware maker Canaan (CAN), which fell 8.7% and 4.1% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which were down 3.2% and 1.1% respectively.

$BILI$CAN$DXF$IQ$JF$JG$LPL$PHI$RDY$SE$SHG$TDTH$VNET$WIT
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 Rise in Monday Trading

Asian equities traded in the US as American depositary receipts kicked off the week sharply higher Monday morning, rising 1.60% to 2,893.65 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by Korea Electric Power (KEP) and travel company Tuniu (TOUR), which rose 7.8% and 6.8% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and internet and data center services provider VNET Group (VNET), which were up 5.5% and 5.4% respectively.The decliners from North Asia were led by mobile app developer Cheetah Mobile (CMCM) and diagnostic imaging centers firm Concord Medical Services (CCM), which fell 2.8% and 2.0% respectively.From South Asia, the gainers were led by Canaan (CAN) and tech conglomerate Sea (SE), which rose 11% and 5.4% respectively. They were followed by telecommunications operator PLDT (PHI) and IT firm Sify Technologies (SIFY), which advanced 4.4% and 4.2% respectively.

$CAN$CCM$CMCM$HIMX$KEP$PHI$SE$SIFY$TOUR$VNET
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 pulling back from sharp gains earlier in trading Tuesday morning, rising 0.58% to 2,849.07 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), which climbed 7.7%. It was followed by lender Shinhan Financial Group (SHG) and used car marketplace Uxin (UXIN), which advanced 4.3% and 3% respectively.The decliners from North Asia were led by real estate management and digital security provider Eason Technology (DXF) and video display maker LG Display (LPL), which fell 11% and 4.6% respectively. They were followed by semiconductor company Himax Technologies (HIMX) and polysilicon manufacturer Daqo New Energy (DQ), which were down 3.9% and 2.3% respectively.From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and lender ICICI Bank (IBN), which rose 4.1% and 3% respectively. They were followed by IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which were up 2.2% and 1.7% respectively.The lone decliner from South Asia was fintech firm Trident Digital Tech (TDTH), which was off 0.8%.

$DQ$DXF$HIMX$IBN$LPL$PHI$SHG$SIFY$TDTH$TLK$UXIN$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 rising sharply Tuesday morning, up 1.04% to 2,925.23 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by semiconductor companies Himax Technologies (HIMX) and Silicon Motion Technology (SIMO), which climbed 13% and 5.7% respectively. They were followed by internet and data center services provider VNET Group (VNET) and tech company Alibaba Group (BABA), which advanced 5.1% and 4.6% respectively.The decliners from North Asia were led by education company 17 Education & Technology Group (YQ) and online brokerage UP Fintech (TIGR), which dropped 7.4% and 7% respectively. They were followed by mobile big data platform Aurora Mobile (JG) and real estate management and digital security company Eason Technology (DXF), which lost 6.5% and 3.9% respectively.From South Asia, the gainers were led by fintech firm Trident Digital Tech (TDTH) and lender HDFC Bank (HDB), which rose 7.6% and 0.5% respectively. They were followed by telecommunications operator PLDT (PHI) and IT firm Sify Technologies (SIFY), which were up 0.2% and 0.1% respectively.The decliners from South Asia were led by IT firms Wipro (WIT) and Infosys (INFY), which fell 6.9% and 2.1% respectively. They were followed by computer hardware maker Canaan (CAN) and tech conglomerate Sea (SE), which were down 2% and 1.5% respectively.

$BABA$CAN$DXF$HDB$HIMX$INFY$JG$PHI$SE$SIFY$SIMO$TDTH$TIGR$VNET$WIT$YQ

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