Asian equities traded in the US as American depositary receipts were trending higher Tuesday morning, rising 0.59% to 2,251.55 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by polysilicon manufacturer Daqo New Energy (DQ) and computer hardware maker Canaan (CAN), which rose 11.4% and 6.3% respectively. They were followed by solar panel maker JinkoSolar (JKS) and automotive ecommerce platform Cango (CANG), which were up 4.1% and 2.9%, respectively.
The decliners from North Asia were led by the education company 17 Education & Technology Group (YQ) and internet and data center services provider VNET Group (VNET), which fell 13.2% and 9.3% respectively. They were followed by and brand platform Baozun (BZUN), which dropped 7.7%.
From South Asia, the only gainers were tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which advanced 8.1% and 1% respectively.
The decliners from South Asia were led by telecommunications operator PLDT (PHI) and IT firm Infosys (INFY), which were down 1.9% and 1.5% respectively. They were followed by IT companies Wipro (WIT) and Sify Technologies (SIFY), which were off 1.3% and 0.9% respectively.
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