Asian equities traded in the US as American depositary receipts were trending sharply higher Wednesday morning, rising 1.54% to 2,070.46 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX) and solar project developer Emeren Group (SOL), which climbed 15% and 11% respectively. They were followed by online game developer The9 (NCTY) and computer hardware maker Canaan (CAN), which advanced 7.6% and 7.5% respectively.
The decliners from North Asia were led by fintech company Pintec Technology (PT) and ecommerce fashion platform MOGU (MOGU), which fell 3.9% and 2.7% respectively. They were followed by thin-film liquid display maker LG Display (LPL) and travel company Tuniu (TOUR), which dropped 2.6% each.
From South Asia, the gainers were led by IT company Sify Technologies (SIFY) and tech conglomerate Sea (SE), which rose 3.4% and 1.4% respectively. They were followed by IT company Infosys (INFY) and financial services company HDFC Bank (HDB), which were up 1% and 0.9% respectively.
The only decliners from South Asia were telecommunications operator PLDT (PHI) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were down 0.5% each.
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