Asian equities traded in the US as American depositary receipts rose Thursday morning with the S&P Asia 50 ADR Index up 0.6% to 2,255.08.
From North Asia, the gainers were led by fintech firms AMTD Digital (HKD) and Pintec Technology (PT), which climbed 15% and 5.2% respectively. They were followed by online brokerage UP Fintech (TIGR) and e-commerce company JD.com (JD), which both advanced 3.8%.
The decliners from North Asia were led by financial services company CNFinance (CNF), which fell 4.7%, followed by used car marketplace Uxin (UXIN) and utilities company Korea Electric Power (KEP), which lost 4.3% and 3.4% respectively.
From South Asia, the gainers were led by IT firm Wipro (WIT) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 1.4% and 1.1% respectively. They were followed by telecommunications company PLDT (PHI) and financial services company HDFC Bank (HDB), which were both up 0.3%.
The decliners from South Asia were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 1.8% and 0.9% respectively. They were followed by IT firm Sify Technologies (SIFY) and financial services company ICICI Bank (IBN), which lost 0.8% and 0.3% respectively.
Price: 2.34, Change: +0.38, Percent Change: +19.34
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.