Asian equities traded in the US as American depositary receipts were trending lower Wednesday morning, declining 0.36% to 2,185.64 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by online brokerage UP Fintech (TIGR) and consumer lending firm Eason Technology and (DXF), which climbed 7.9% and 7%, respectively. They were followed by fintech firm Jiayin Group (JFIN) and streaming video service iQIYI (IQ), which advanced 6.3% and 6.1%, respectively.
The decliners from North Asia were led by financial services company Nomura (NMR) and e-commerce company JD.com (JD), which fell 5.2% and 3.9%, respectively. They were followed by online discount retailer Vipshop (VIPS) and semiconductor company Himax Technologies (HIMX), which dropped 3.2% and 2.8%, respectively.
From South Asia, the only gainers were telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which rose 2.3% and 0.8%, respectively.
The decliners from South Asia were led by IT firms Sify Technologies (SIFY) and Infosys (INFY), which lost 3.4% and 2%, respectively. They were followed by IT firm Wipro (WIT) and tech conglomerate Sea (SE), which were down 1.8% and 0.7%, respectively.
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