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Asian Equities Traded in the US as American Depositary Receipts Fall in Tuesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Fall in Tuesday Trading
Apr 2, 2024 7:59 AM

10:31 AM EDT, 04/02/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts fell Tuesday morning, declining 0.56% to 1,873.26 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and internet and data center service provider VNET Group ( VNET ) , which climbed 19% and 5.8% respectively. They were followed by video-sharing service Bilibili ( BILI ) and real estate services provider Leju ( LEJU ) , which rose 4.5% and 4.1% respectively.

The decliners from North Asia were led by mobile healthcare platform 111 (YI) and online educational platform 17 Education & Technology Group ( YQ ) , which fell 7.3% and 7.1% respectively. They were followed by computer hardware maker Canaan (CAN) and solar panel maker JinkoSolar ( JKS ) which dropped 6.4% and 4.4% respectively.

From South Asia, the only gainers were IT firm Wipro ( WIT ) and tech conglomerate Sea (SE), which were up 0.1% each.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) and biotech company ASLAN Pharmaceuticals ( ASLN ) which lost 3.9% and 1.8% respectively. They were followed by telecommunications operator PLDT ( PHI ) and business process management company WNS (WNS), which were down 1.6% each.

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