Asian equities traded in the US as American depositary receipts were relatively flat Tuesday morning, edging 0.04% lower to 2,425.88 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by financial services company Nomura (NMR) and brand platform Baozun (BZUN), which rose 5.9% and 4.3% respectively. They were followed by biopharmaceutical company Zai Lab (ZLAB) and fintech firm Qudian (QD), which increased 3.9% and 3.6% respectively.
The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services (CCM) and mobile app developer Cheetah Mobile (CMCM), which dropped 5.6% and 4.9% respectively. They were followed by fintech company 36Kr (KRKR) and automotive marketplace Token Cat (TC), which fell 4.2% and 3.5% respectively.
From South Asia, the gainers were led by IT firms Sify Technologies (SIFY) and Wipro (WIT), which advanced 3.2% and 0.9% respectively. They were followed by financial services company HDFC Bank (HDB) and tech conglomerate Sea (SE), which were up 0.79% and 0.5% respectively.
There were no decliners from South Asia.
Price: 7.08, Change: +0.40, Percent Change: +5.91
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