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Asian Equities Traded in the US as American Depositary Receipts Rise Friday
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Asian Equities Traded in the US as American Depositary Receipts Rise Friday
Jan 3, 2025 8:43 AM

11:15 AM EST, 01/03/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were higher Friday morning, rising 0.21% to 2,071.50 on the S&P Asia 50 ADR Index. However, the index is still down about 1.3% for the week.

From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and online game developer The9 ( NCTY ) , which climbed 13% and 6% respectively. They were followed by ecommerce fashion platform MOGU ( MOGU ) and pet-focused platform Boqii ( BQ ) , which rose 4.9% and 4.4% respectively.

The decliners from North Asia were led by advertising agency iClick Interactive Asia Group ( ICLK ) and education company 17 Education & Technology Group ( YQ ) , which dropped 3.7% each. They were followed by internet and data center services provider VNET Group ( VNET ) and wealth management firm Noah (NOAH), which lost 3.5% and 2.9% respectively.

From South Asia, tech conglomerate Sea (SE) was up 0.3%.

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