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Asian Equities Traded in the US as American Depositary Receipts Edge Lower in Monday Trading
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Asian Equities Traded in the US as American Depositary Receipts Edge Lower in Monday Trading
May 26, 2025 1:15 AM

10:30 AM EDT, 05/05/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts started the week marginally lower Monday morning, declining 0.05% to 2,182.23 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by brand platform 36Kr (KRKR) and diagnostic imaging centers company Concord Medical Services ( CCM ) , which climbed 6.3% and 4.8%, respectively. They were followed by used car ecommerce platform Uxin ( UXIN ) and financial services company CNFinance ( CNF ) , which increased 3.2% and 2.5%, respectively.

The decliners from North Asia were led by media company Phoenix New Media ( FENG ) and computer hardware maker Canaan (CAN), which fell 7.3% and 4.5%, respectively. They were followed by consumer lending firm LexinFintech ( LX ) and automotive marketplace Cango ( CANG ) , which dropped 3.4% and 3.2%, respectively.

From South Asia, the gainers were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which rose 1.3% and 0.5%, respectively. They were followed by IT firm Infosys ( INFY ) and financial services company HDFC Bank ( HDB ) , which were up 0.3% and 0.2% respectively.

The lone decliner from South Asia were was pharmaceutical company Dr. Reddy's Laboratories (RDY), which was off 0.9%.

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