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Asian Equities Traded in the US as ADRs Rise in Thursday Trading
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Asian Equities Traded in the US as ADRs Rise in Thursday Trading
May 29, 2025 7:58 AM

10:44 AM EDT, 05/29/2025 (MT Newswires) -- 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

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