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Asian Equities Traded in the US as American Depositary Receipts Slightly Lower in Thursday Trading
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Asian Equities Traded in the US as American Depositary Receipts Slightly Lower in Thursday Trading
May 26, 2025 4:17 AM

10:59 AM EDT, 05/08/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were slightly lower Thursday morning, declining 0.11% to 2,150.54 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive marketplace Token Cat ( TC ) and brand platform 36Kr (KRKR), which climbed 9.3% and 6.7% respectively. They were followed by brand platform Baozun ( BZUN ) and fintech firm Highest Performances ( MAAS ) , which advanced 3.6% and 0.2% respectively.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and internet and data center services provider VNET Group ( VNET ) , which fell 7.4% and 6.7% respectively. They were followed by consumer lending firm Eason Technology ( DXF ) and financial services company CNFinance ( CNF ) , which dropped 4.6% and 4.2% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which rose 1.6% and 1.8% respectively. They were followed by IT company Infosys ( INFY ) , which was up 0.1%.

The decliners from South Asia were led by financial services companies ICICI Bank ( IBN ) and HDFC Bank ( HDB ) , which lost 2.3% and 1.8% respectively. They were followed by IT firm Wipro ( WIT ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were down 1.9% and 1.7% respectively.

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