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Asian Equities Traded in the US as American Depositary Receipts Rise Modestly in Tuesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Rise Modestly in Tuesday Trading
May 26, 2025 10:58 AM

10:33 AM EDT, 05/20/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were slightly higher Tuesday morning, rising 0.20% to 2,258.11 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by video-sharing platform Bilibili ( BILI ) and tech company Xunlei ( XNET ) , which rose 5.5% and 4.9% respectively. They were followed by fintech firms LexinFintech ( LX ) and Jiayin Group ( JFIN ) , which were up 3.9% and 3.2% respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and media company Phoenix New Media ( FENG ) , which shed 8.1% and 5.1% respectively. They were followed by used car marketplace Uxin ( UXIN ) and biotech firm Zai Lab ( ZLAB ) , which fell 5% and 2.9"% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and tech conglomerate Sea (SE), which increased 0.4% and 0.2% respectively.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which fell 2.6% each. They were followed by financial services company HDFC Bank ( HDB ) and IT firm Wipro ( WIT ) , which were down 1.3% and 1.1% respectively.

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