10:33 AM EDT, 05/06/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were soaring Wednesday morning, rising 3.38% to 2,885.55 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by tech companies Baidu ( BIDU ) and Alibaba Group ( BABA ) , which climbed 8.3% and 6.1% respectively. They were followed by fintech firm J and Friends ( JF ) and lender Mitsubishi UFJ Financial Group ( MUFG ) , which advanced 4.4% and 3.6% respectively.

The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and polysilicon manufacturer Daqo New Energy ( DQ ) , which fell 5.6% and 5.1% respectively. They were followed by semiconductor company Silicon Motion Technology ( SIMO ) and brand platform 36Kr (KRKR), which were down 2.8% and 2.3% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and lender HDFC Bank ( HDB ) , which rose 5% and 3.5% respectively. They were followed by lender ICICI Bank ( IBN ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 3.3% and 2.3% respectively.

The only decliners from South Asia were computer hardware maker Canaan (CAN) and fintech firm Trident Digital Tech ( TDTH ) , which dropped 3.8% and 0.9% respectively.