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Asian Equities Traded in the US as American Depositary Receipts Wednesday Surge Higher in Wednesday Trading
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Asian Equities Traded in the US as American Depositary Receipts Wednesday Surge Higher in Wednesday Trading
May 13, 2026 7:52 AM

10:33 AM EDT, 05/13/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were surging higher Wednesday morning, climbing 1.87% to 2,896.53 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by internet and data center services provider VNET Group ( VNET ) and video display maker LG Display ( LPL ) , which surged 29% and 8.6% respectively. They were followed by online retailer JD.com ( JD ) and semiconductor company Himax Technologies ( HIMX ) , which climbed 6% and 3.3% respectively.

The decliners from North Asia were led by online game developer The9 ( NCTY ) and data centers and crypto assets company Token Cat ( TC ) , which lost 3.3% and 3.2% respectively. They were followed by lender Shinhan Financial Group ( SHG ) and streaming music service Tencent Music Entertainment Group ( TME ) , which dropped 2.8% and 2.2% respectively.

From South Asia, the only gainers were pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 2.7% and 0.7% respectively.

The decliners from South Asia were led by fintech firm Trident Digital Tech ( TDTH ) and IT firm Infosys ( INFY ) , which fell 12% and 2.3% respectively. They were followed by computer hardware maker Canaan (CAN) and IT firm Wipro ( WIT ) , which were down 1.7% and 1.3% respectively.

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