Asian Equities Traded in the US as American Depositary Receipts Rise in Thursday Trading

MT Newswires Live
2025/10/23

Asian equities traded in the US as American depositary receipts were trending higher Thursday morning, rising 0.37% to 2,703.10 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and consumer lending firm Eason Technology (DXF), which climbed 8.2% and 7.9%, respectively. They were followed by automotive marketplace Token Cat (TC) and mobile app developer Cheetah Mobile (CMCM), which rose 6.7% and 6.1%, respectively.

The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services (CCM) and pet-focused platform Boqii (BQ), which fell 6.8% and 5.5%, respectively. They were followed by used car market place Uxin (UXIN) and brand platform 36Kr (KRKR), which were down 4.3% and 4.2%, respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Sify Technologies (SIFY), which advanced 5.4% and 5.2%, respectively. They were followed by IT firm Infosys (INFY), which was up 0.2%.

The decliners from South Asia were led by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 1.9% and 1.3%, respectively. They were followed by lender HDFC Bank (HDB) and tech conglomerate Sea (SE), which lost 1.2% and 1%, respectively.

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