10:33 AM EDT, 04/03/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts rebounded Wednesday morning, erasing earlier losses, with the S&P Asia 50 ADR Index up 0.31% to 1,882.05.
From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and brand platform 36Kr (KRKR), which advanced 10% and 5.1% respectively. They were followed by consumer lending firm Qudian ( QD ) and pet-focused platform Boqii ( BQ ) , which rose 3.6% and 3.2% respectively.
The decliners from North Asia were led by solar project developer Emeren Group ( SOL ) and mobile big data platform Aurora Mobile ( JG ) , which fell 17% and 6.4% respectively. They were followed by thin-film liquid display maker LG Display ( LPL ) and property technology company Fangdd Network Group ( DUO ) , which dropped 4.4% and 4.1% respectively.
From South Asia, the only gainers were IT firms Sify Technologies ( SIFY ) and Wipro ( WIT ) , which increased 1.6% and 1% respectively.
The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and tech conglomerate Sea (SE), which fell 1.1% and 1% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and business process management company WNS (WNS), which were off 0.9% and 0.8%.