Asian equities traded in the US as American depositary receipts were moving moderately higher Tuesday morning, rising 0.6% to 1,952.8 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by polysilicon manufacturer Daqo New Energy (DQ) and pet-focused platform Boqii (BQ), which rose 6% and 5.4% respectively. They were followed by automotive ecommerce platform Cango (CANG) and education technology company 17 Education & Technology Group (YQ), which increased 3.1% and 3% respectively.
The decliners from North Asia were led by automotive ecommerce platform TuanChe (TC) and fintech firm Jiayin Group (JFIN), which fell 10.5% and 8.8% respectively. They were followed by property technology company Fangdd Network Group (DUO) and mobile health platform 111 (YI), which dropped 6.8% and 4.7% respectively.
From South Asia, the gainers were led by IT firms Infosys (INFY) and Sify Technologies (SIFY), which were up 1.2% and 0.9% respectively. They were followed by financial services company ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 0.8% and 0.5% respectively.
The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which lost 0.8% and 0.3% respectively, followed by IT firm Wipro (WIT), which was off 0.2%.
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