ADRs Close Lower; Kingsoft Cloud Holdings Ltd. Declines 17%

Dow Jones

Apr 17

This article was automatically generated by Dow Jones using technology from Automated Insights.

International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts declined 1.4% to 175.74.

The European index dropped 0.8% to 166.61. The Asian index dropped 2.3% to 214.99. The Latin American index added 0.4% to 182.74, while the emerging-markets index declined 2.3% to 345.58.

Kingsoft Cloud Holdings Ltd., based in China, posted the largest decline, plunging 17% to $10.98, followed by shares of Israel's SaverOne 2014 Ltd., which plunged 13% to $2.01. Shares of Japan-based MEDIROM Healthcare Technologies Inc. tumbled 13% to 74 cents.

China's Eason Technology Ltd. was the biggest leader during the session, soaring 63% to $9.25, and China-based Highest Performances Holdings Inc. soared 24% to $5.36. Kuke Music Holding Ltd., which is based in China, rounded out the top three leaders on Wednesday, with shares jumping 18% to $3.78.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

April 16, 2025 16:30 ET (20:30 GMT)

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Declines 17%","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  This article was automatically generated by Dow Jones using technology from Automated Insights. \n</p>\n<p>\n     International stocks trading in New York closed lower on Wednesday, as the S&amp;P/BNY Mellon index of American depositary receipts declined 1.4% to 175.74. \n</p>\n<p>\n     The European index dropped 0.8% to 166.61. The Asian index dropped 2.3% to 214.99. The Latin American index added 0.4% to 182.74, while the emerging-markets index declined 2.3% to 345.58. \n</p>\n<p>\n     Kingsoft Cloud Holdings Ltd., based in China, posted the largest decline, plunging 17% to $10.98, followed by shares of Israel's SaverOne 2014 Ltd., which plunged 13% to $2.01. Shares of Japan-based MEDIROM Healthcare Technologies Inc. tumbled 13% to 74 cents. \n</p>\n<p>\n     China's Eason Technology Ltd. was the biggest leader during the session, soaring 63% to $9.25, and China-based Highest Performances Holdings Inc. soared 24% to $5.36. 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The Latin American index added 0.4% to 182.74, while the emerging-markets index declined 2.3% to 345.58. \n\n\n     Kingsoft Cloud Holdings Ltd., based in China, posted the largest decline, plunging 17% to $10.98, followed by shares of Israel's SaverOne 2014 Ltd., which plunged 13% to $2.01. Shares of Japan-based MEDIROM Healthcare Technologies Inc. tumbled 13% to 74 cents. \n\n\n     China's Eason Technology Ltd. was the biggest leader during the session, soaring 63% to $9.25, and China-based Highest Performances Holdings Inc. soared 24% to $5.36. Kuke Music Holding Ltd., which is based in China, rounded out the top three leaders on Wednesday, with shares jumping 18% to $3.78. \n\n\n  Data source: Dow Jones Market Data, FactSet \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 16, 2025 16:30 ET (20:30 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}