Asian equities traded in the US as American depositary receipts edged higher Friday morning, rising 0.11% to 2,319.81 on the S&P Asia 50 ADR Index, which ended the week flat.
From North Asia, the gainers were led by pet-focused platform Boqii (BQ) and education company Four Seasons Education (FEDU), which advanced 80% and 5.8%, respectively. They were followed by electric vehicle maker NIO (NIO) and brand platform 36Kr (KRKR), which were up 6.2% and 5.6%, respectively.
The decliners from North Asia were led by fintech firm Maase (MAAS) and consumer lending firm Eason Technology (DXF), which fell 4.8% and 4.6%, respectively. They were followed by travel company Tuniu (TOUR) and financial services company CNFinance (CNF), which dropped 3.4% and 2.8%, respectively.
From South Asia, the gainers were led by IT firm Infosys (INFY), which rose 1%, followed by fellow IT firm Wipro (WIT) and telecommunications operator Telekomunikasi Indonesia (TLK), which increased 0.5% and 0.1%, respectively.
The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company ICICI Bank (IBN), which were down 1.1% and 0.9%, respectively. They were followed by financial services company HDFC Bank (HDB) and tech conglomerate Sea (SE), which were off 0.7% and 0.3%, respectively.
Price: 5.16, Change: +2.86, Percent Change: +124.65
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