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Asian Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Lower in Wednesday Trading
Jul 2, 2025 7:51 AM

10:21 AM EDT, 07/02/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were slightly lower Wednesday morning, declining 0.06% to 2,317.70 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by polysilicon manufacturer Daqo New Energy ( DQ ) and solar panel maker JinkoSolar ( JKS ) , which climbed 12.7% and 9.9% respectively. They were followed by internet and data center services provider VNET Group ( VNET ) and automotive marketplace Cango ( CANG ) , which rose 6.1% and 3.9% respectively.

The decliners from North Asia were led by utilities company Korea Electric Power ( KEP ) and consumer lending firm Eason Technology ( DXF ) , which fell 4.1% and 3.6% respectively. They were followed by fintech firm Maase ( MAAS ) and mobile big data platform Aurora Mobile ( JG ) , which dropped 3.2% and 1.9% respectively.

From South Asia, the gainers were led by IT firm Wipro ( WIT ) and telecommunications operator PLDT ( PHI ) , which added 0.5% each. They were followed by tech conglomerate Sea (SE) and financial services company ICICI Bank ( IBN ) , which were up 0.1% each.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and financial services company HDFC Bank ( HDB ) , which lost 1.2% and 1% respectively. They were followed by IT firms Infosys ( INFY ) and Sify Technologies ( SIFY ) , which were off 0.8% and 0.7% respectively.

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