-- 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.