Asian equities traded in the US as American depositary receipts opened the week sharply higher Monday morning, advancing 1.93% to 2,318.30 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by financial services companies Maase (MAAS) and CNFinance (CNF), which climbed 9.4% and 7.4% respectively. They were followed by computer hardware maker Canaan (CAN) and online brokerage UP Fintech (TIGR), which advanced 6.8% and 5% respectively.
The decliners from North Asia were led by media company Phoenix New Media (FENG) and mobile big data platform Aurora Mobile (JG), which fell 4% and 3.5% respectively. They were followed by pet-focused platform Boqii (BQ) and online education company 51Talk Online Education Group (COE), which lost 3% and 1.7% respectively.
From South Asia, the gainers were led by IT firm Wipro (WIT) and tech conglomerate Sea (SE), which rose 2.5% and 2.2% respectively. They were followed by IT firm Infosys (INFY) and financial services company HDFC Bank (HDB), which were up 2.1% and 2% respectively.
The lone decliner from South Asia was pharmaceutical company Dr. Reddy's Laboratories (RDY), which was off 0.4%.
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