Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Monday Trading

MT Newswires Live

Yesterday

Asian equities traded in the US as American depositary receipts started the week sharply lower Monday morning, falling 1.74% to 2,886.53 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm AMTD Digital (HKD) and brand platform 36Kr (KRKR), which climbed 17% and 5.3%, respectively. They were followed by game live-streaming service DouYu International (DOYU) and online game developer The9 (NCTY), which rose 3% and 2.1%, respectively.

The decliners from North Asia were led by biopharmaceutical company Zai Lab (ZLAB) and video-streaming platform iQIYI (IQ), which fell 6.4% and 5%, respectively. They were followed by lender Nomura (NMR) and used car marketplace Uxin (UXIN), which lost 4.9% and 4.3%, respectively.

There were no gainers in South Asia.

The decliners from South Asia were led by IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which dropped 6.7% and 3.8%, respectively. They were followed by lender HDFC Bank (HDB) and telecommunications operator Telekomunikasi Indonesia (TLK), which were down 2.3% and 2.2%, respectively.

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They were followed by game live-streaming service DouYu International (DOYU) and online game developer The9 (NCTY), which rose 3% and 2.1%, respectively.The decliners from North Asia were led by biopharmaceutical company Zai Lab (ZLAB) and video-streaming platform iQIYI (IQ), which fell 6.4% and 5%, respectively. They were followed by lender Nomura (NMR) and used car marketplace Uxin (UXIN), which lost 4.9% and 4.3%, respectively.There were no gainers in South Asia.The decliners from South Asia were led by IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which dropped 6.7% and 3.8%, respectively. 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