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Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Tuesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Tuesday Trading
May 12, 2026 7:59 AM

10:34 AM EDT, 05/12/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending sharply lower Tuesday morning, falling 0.95% to 2,830.82 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company 17 Education & Technology Group (YQ) and real estate management and digital security firm Eason Technology ( DXF ) , which surged 11% and 9.6%, respectively. They were followed by healthcare platform 111 (YI) and casino and resort operator Melco Resorts & Entertainment ( MLCO ) , which advanced 4% and 3.2%, respectively.

The decliners from North Asia were led by game live-streaming service HUYA ( HUYA ) and semiconductor company Himax Technologies ( HIMX ) , which dropped 7.5% and 7%, respectively. They were followed by utilities company Korea Electric Power ( KEP ) and tech company Xunlei ( XNET ) , which lost 5.1% and 4.8%, respectively.

From South Asia, the only gainers were fintech firm Trident Digital Tech ( TDTH ) and tech conglomerate Sea (SE), which rose 12% and 11%, respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro ( WIT ) , which fell 5.6% and 2.3%, respectively. They were followed by computer hardware maker Canaan (CAN) and IT firm Infosys ( INFY ) , which were down 2.2% and 2%, respectively.

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