Asian equities traded in the US as American depositary receipts opened the shortened trading week higher Tuesday morning, rising 0.81% to 2,263.43 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and technology company Xunlei (XNET), which climbed 11% and 8.1% respectively. They were followed by casino and resort operator Melco Resorts & Entertainment (MLCO) and fintech firm Jiayin Group (JFIN), which rose 5.2% and 4.9% respectively.
The decliners from North Asia were led by financial services company CNFinance (CNF) and consumer lending firm LexinFintech (LX), which fell 6.8% and 5.6% respectively. They were followed by media company Phoenix New Media (FENG) and automotive marketplace Token Cat (TC), which dropped 4.8% and 3.7% respectively.
From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which increased 3.2% and 2.9% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Sify Technologies (SIFY), which were up 2.6% each.
The only decliners from South Asia were financial services companies ICICI Bank (IBN) and HDFC Bank (HDB), which were down 0.5% and 0.3% respectively.
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