Asian equities traded in the US as American depositary receipts were trending higher Wednesday morning, rising 0.24% to 2,363.98 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by utilities company Korea Electric Power (KEP) and fintech firm Maase (MAAS), which climbed 7.2% and 5.7% respectively. They were followed by fintech company Pintec Technology (PT) and tech company Xunlei (XNET), which rose 3.3% and 2.8% respectively.
The decliners from North Asia were led by consumer lending firm Eason Technology (DXF) and online brokerage UP Fintech (TIGR), which fell 5.2% and 2.7% respectively. They were followed by biopharmaceutical company Zai Lab (ZLAB) and game-centric live streaming platform DouYu International (DOYU), which dropped 1.8% and 0.5% respectively.
From South Asia, the only gainers were IT firm Sify Technologies (SIFY) and financial services company ICICI Bank (IBN), which were up 23.2% and 0.3% respectively.
The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT (PHI), which lost 1.8% and 1.4% respectively. They were followed by IT companies Infosys (INFY) and Wipro (WIT), which were off 0.6% and 0.4% respectively.
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