Asian Equities Traded in the US as American Depositary Receipts Open Week on Flat Note

MT Newswires Live
01/26

Asian equities traded in the US as American depositary receipts started the week little changed Monday at 2,882.13 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by game-live streaming service HUYA (HUYA) and fintech firm Maase (MAAS), which climbed 18% and 8% respectively. They were followed by healthcare platform 111 (YI) and fintech company High Templar Tech (HTT), which advanced 6% and 4.2% respectively.

The decliners from North Asia were led by automotive marketplace Cango (CANG) and diagnostic imaging centers company Concord Medical Services (CCM), which fell 5.2% and 4.6% respectively. They were followed by lender CNFinance (CNF) and search engine Baidu (BIDU), which were down 3.7% and 3.6% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 2.1% and 1.2% respectively. They were followed by IT company Infosys (INFY) and lender HDFC Bank (HDB), which were up 0.9% and 0.5% respectively.

The only decliners from South Asia were tech conglomerate Sea (SE) and telecommunications operator PLDT (PHI), which lost 1.8% and 0.9% respectively.

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