Asian equities traded in the US as American depositary receipts were lower Friday morning, declining 0.59% to 2,454.15 on the S&P Asia 50 ADR Index. Despite the loss, the index closed out the week approximately 3% higher.
From North Asia, the gainers were led by thin-film liquid display maker LG Display (LPL) and fintech firm Pintec Technology (PT), which rose 5.7% and 1.8% respectively. They were followed by mobile app developer Cheetah Mobile (CMCM) and consumer lending firm Qudian (QD), which were up 1.4% and 0.6%.
The decliners from North Asia were led by fintech firm Jiayin Group (JFIN) and real estate and digital technology firm Eason Technology (DXF), which shed 8.1% and 5.2% respectively. They were followed by polysilicon manufacturer Daqo New Energy (DQ) and fintech firm LexinFintech (LX), which dropped 4.8% and 4.4% respectively.
From South Asia, the lone gainer was tech conglomerate Sea (SE), which increased 0.7%.
The decliners from South Asia were led by IT firms Infosys (INFY) and Wipro (WIT), which fell 2.2% and 1.2% respectively. They were followed by telecommunications operator PLDT (PHI) and IT company Sify Technologies (SIFY), which were down 1% and 0.9% respectively.
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