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Asian Equities Traded in the US as American Depositary Receipts Trending Lower in Wednesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Trending Lower in Wednesday Trading
Apr 2, 2025 8:12 AM

10:48 AM EDT, 04/02/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Wednesday morning, declining 0.42% to 2,149.37 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive ecommerce platform Cango ( CANG ) and fintech firm Qifu Technology ( QFIN ) , which rose 5.2% and 3.1%, respectively. They were followed by fintech company AMTD Digital ( HKD ) and financial services firm CNFinance ( CNF ) , which increased 2.8% and 2.3%, respectively.

The decliners from North Asia were led by consumer lending firm Eason Technology ( DXF ) and diagnostic imaging centers company Concord Medical Services ( CCM ) , which lost 7.6% and 6.6%, respectively. They were followed by fintech firm Jiayin Group ( JFIN ) and online game developer The9 ( NCTY ) , which were down 3.9% and 3.4%, respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and financial services company HDFC Bank ( HDB ) , which were up 1.6% and 1.5%, respectively. They were followed by tech conglomerate Sea (SE) and IT firm Wipro ( WIT ) , which rose 1.2% and 0.8%, respectively.

The decliners from South Asia were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which dropped 0.5% and 0.4%, respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY), which was off 0.1%.

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