Asian equities traded in the US as American depositary receipts rose Thursday morning with the S&P Asia 50 ADR Index up 0.6% to 2,255.08.
From North Asia, the gainers were led by fintech firms AMTD Digital (HKD) and Pintec Technology (PT), which climbed 15% and 5.2% respectively. They were followed by online brokerage UP Fintech (TIGR) and e-commerce company JD.com (JD), which both advanced 3.8%.
The decliners from North Asia were led by financial services company CNFinance (CNF), which fell 4.7%, followed by used car marketplace Uxin (UXIN) and utilities company Korea Electric Power (KEP), which lost 4.3% and 3.4% respectively.
From South Asia, the gainers were led by IT firm Wipro (WIT) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 1.4% and 1.1% respectively. They were followed by telecommunications company PLDT (PHI) and financial services company HDFC Bank (HDB), which were both up 0.3%.
The decliners from South Asia were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 1.8% and 0.9% respectively. They were followed by IT firm Sify Technologies (SIFY) and financial services company ICICI Bank (IBN), which lost 0.8% and 0.3% respectively.
Price: 2.34, Change: +0.38, Percent Change: +19.34
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