Asian Equities Traded in the US as American Depositary Receipts Decline

MT Newswires Live
2024-11-22

Asian equities traded in the US as American depositary receipts were lower Thursday morning, down 0.5% to 2,033.35 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile big data service platform Aurora Mobile (JG) and online marketing and enterprise data provider iClick (ICLK), which advanced 21% and 2.1% respectively.

The decliners from North Asia were led by cloud computing company Kingsoft Cloud (KC) and video platform iQIYI (IQ), which fell 12% and 11% respectively.

They were followed by online retailer Pinduoduo (PDD), which dropped 9.5%.

From South Asia, the gainers were led by telecom Telekomunikasi Indonesia (TLK), which rose nearly 3%.

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