Asian equities traded in the US as American depositary receipts opened the week modestly higher Monday morning, rising 0.32% to 2,107.64 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by tech company Xunlei (XNET) and education company 17 Education & Technology Group (YQ), which surged 16.4% and 4.7% respectively. They were followed by financial services company CNFinance (CNF) and electric vehicle maker NIO (NIO), which climbed 7.4% and 6.2% respectively.
The decliners from North Asia were led by solar project developer Emeren Group (SOL) and computer hardware maker Canaan (CAN), which fell 5.8% and 3.8% respectively. They were followed by financial services company Nomura (NMR) and online game developer The9 (NCTY), which dropped 4% and 3.7% respectively.
From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 1.8% and 1.3% respectively. They were followed by financial services company ICICI Bank (IBN) and tech conglomerate Sea (SE), which were up 1% and 0.7% respectively.
The decliners from South Asia were led by telecommunications operators PLDT (PHI) and Telekomunikasi Indonesia (TLK), which lost 1.3% and 1.1% respectively. They were followed by financial services company HDFC Bank (HDB) and IT firm Infosys (INFY), which were off 0.5% and 0.1% respectively.
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