Asian equities traded in the US as American depositary receipts eased Wednesday morning with the S&P Asia 50 ADR Index down 0.1% to 1,822.10, erasing earlier gains.
From North Asia, the gainers were led by consumer lending firm Eason Technology (DXF) and education company Four Seasons Education (FEDU), which surged 63% and 22% respectively. They were followed by video-streaming service iQIYI (IQ) and video-sharing platform Bilibili (BILI), which climbed 12% and 5.9% respectively.
The decliners from North Asia were led by pet-focused platform Boqii (BQ) and internet and data center services provider VNET Group (VNET), which lost 9.9% and 6.2% respectively. They were followed by online education platform 51Talk Online Education Group (COE) and semiconductor company ASE Technology (ASX), which dropped 5% and 4.8% respectively.
From South Asia, the gainers were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which rose 1.3% and 0.5% respectively. They were followed by financial services companies ICICI Bank (IBN) and HDFC Bank (HDB), which were up 0.3% and 0.1% respectively.
The decliners from South Asia were led by IT companies Wipro (WIT) and Sify Technologies (SIFY), which fell 2.5% and 1.9% respectively. They were followed by tech conglomerate Sea (SE) and IT firm Infosys (INFY), which were off 1% and 0.2% respectively.
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