Asian equities traded in the US as American depositary receipts opened the week sharply lower Monday morning, falling 1.13% to 2,318.25 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by video-sharing platform Bilibili (BILI) and pet-focused platform Boqii (BQ), which climbed 7.3% and 6.2% respectively. They were followed by tech company Baidu (BIDU) and music streaming company Tencent Music Entertainment Group (TME), which advanced 4.8% and 3.6% respectively.
The decliners from North Asia were led by fintech firm Pintec Technology (PT) and polysilicon manufacturer Daqo New Energy (DQ), which fell 6.4% and 6.9% respectively. They were followed by mobile big data platform Aurora Mobile (JG) and solar panel maker JinkoSolar (JKS), which dropped 5.9% and 3.9% respectively.
From South Asia, the only gainers were tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 1.6% and 1% respectively.
The decliners from South Asia were led by telecommunications operator PLDT (PHI) and financial services company HDFC Bank (HDB), which lost 1.2% and 1% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Wipro (WIT), which were off 0.9% and 0.8% respectively.
Price: 2.43, Change: +0.14, Percent Change: +6.24
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