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Asian Equities Traded in the US as American Depositary Receipts Trend Lower in Friday Trading; Rise Nearly 3% for Week
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Asian Equities Traded in the US as American Depositary Receipts Trend Lower in Friday Trading; Rise Nearly 3% for Week
Jul 18, 2025 7:54 AM

10:33 AM EDT, 07/18/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were slightly lower Friday morning, declining 0.21% to 2,381.55 on the S&P Asia 50 ADR Index, which closed out the week nearly 3% higher.

From North Asia, the gainers were led by online video site iQIYI (IQ) and online brokerage UP Fintech ( TIGR ) , which climbed 10% and 7.9%, respectively. They were followed by computer hardware maker Canaan (CAN) and game live-streaming service HUYA ( HUYA ) , which advanced 7.4% and 7%, respectively.

The decliners from North Asia were led by biopharmaceutical firm Zai Lab ( ZLAB ) and pet-focused platform Boqii ( BQ ) , which fell 3.7% and 3%, respectively. They were followed by education company 17 Education & Technology Group ( YQ ) and polysilicon manufacturer Daqo New Energy ( DQ ) , which dropped 2.1% and 1%, respectively.

From South Asia, the only gainers were tech conglomerate Sea (SE) and telecommunications operator Telekomunikas Indonesia (TLK), which were up 0.7% and 0.3%, respectively.

The decliners from South Asia were led by IT firms Sify Technologies ( SIFY ) and Wipro ( WIT ) , which lost 5% and 1.5% respectively. They were followed by financial services company HDFC Bank ( HDB ) and IT company Infosys ( INFY ) , which were down 1.3% and 0.7% respectively.

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