Asian equities traded in the US as American depositary receipts were trending lower Thursday morning, falling 0.80% to 2,464.06 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by tech company Xunlei (XNET) and financial services company Sumitomo Mitsui Financial Group (SMFG), which advanced roughly 18% and 3%, respectively. They were followed by financial services company Mitsubishi UFJ Financial Group (MUFG) and fintech firm Pintec Technology (PT), which were up 2.2% and 1.8%, respectively.
The decliners from North Asia were led by thin-film liquid display maker LG Display (LPL) and computer hardware maker Canaan (CAN), which shed 10% and 5.1%, respectively. They were followed by electric vehicle maker NIO (NIO) and consumer lending firm Eason Technology (DXF), which fell 4.7% and 4.6%, respectively.
From South Asia, the lone gainer was telecommunications operator Telekomunikasi Indonesia (TLK), which rose 1.4%.
The decliners from South Asia were led by IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which dropped 2.1% and 0.7%, respectively. They were followed by IT firm Infosys (INFY) and telecommunications operator PLDT (PHI), which were down 0.6% and 0.4% respectively.
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