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Asian Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading
May 26, 2025 7:48 AM

10:36 AM EDT, 05/14/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking higher Wednesday morning, rising 0.3% to 2,268.68 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company 17 Education & Technology Group ( YQ ) and music streaming service Tencent Music Entertainment Group ( TME ) , which advanced 20% and 9.8%, respectively. They were followed by used car ecommerce platform Uxin ( UXIN ) and semiconductor company Silicon Motion Technology ( SIMO ) , which increased 3% and 2.6%, respectively.

The decliners from North Asia were led by pet-focused platform Boqii (BQ) and diagnostic imaging centers company Concord Medical Services (CCM), which fell 13% and 4.9%, respectively. They were followed by mobile big data platform Aurora Mobile ( JG ) and fintech firm AMTD Digital ( HKD ) , which were down 4.6% and 4% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Sify Technologies ( SIFY ) , which rose 5.1% and 1.1%, respectively. They were followed by IT firm Infosys ( INFY ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.5% and 0.4%, respectively.

The decliners from South Asia were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which lost 1.6% and 1.4%, respectively. They were followed by financial services company HDFC Bank ( HDB ) and IT company Wipro ( WIT ) , which were off 0.8% and 0.7% respectively.

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