Asian equities traded in the US as American depositary receipts were moving higher Wednesday morning, rising 0.73% to 2,156.25 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by brand platform 36Kr (KRKR) and internet and data center services provider VNET Group (VNET), which climbed 32.5% and 11.1% respectively. They were followed by fintech firm Pintec Technology (PT) and automotive ecommerce platform Cango (CANG), which were up 4% and 1.3% respectively.
The decliners from North Asia were led by consumer lending firm Eason Technology (DXF) and mobile big data platform Aurora Mobile (JG), which tumbled 21.9% and 20.4% respectively. They were followed by automotive ecommerce platform TuanChe (TC) and education company Four Seasons Education (FEDU), which fell 10.5% and 0.7% respectively.
From South Asia, the gainers were led by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which increased 0.6% and 0.4% respectively. They were followed by IT firms Wipro (WIT) and Infosys (INFY), which rose 0.5% each.
The decliners from South Asia were led by telecommunications operator PLDT (PHI), which lost 1.3%, followed by financial services companies HDFC Bank (HDB) and ICICI Bank (IBN), which were down 0.7% and 0.5% respectively.
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