Asian equities traded in the US as American depositary receipts opened the week sharply lower in Monday trading, falling 2% to 1,874.3 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by utilities company Korea Electric Power (KEP) and solar panel maker JinkoSolar (JKS), which rose 4.8% and 4.3% respectively. They were followed by technology company Xunlei (XNET) and online brokerage UP Fintech (TIGR), which were up 1.5% and 1.2% respectively.
The decliners from North Asia were led by used car ecommerce platform Uxin (UXIN) and media company Phoenix New Media (FENG), which fell 8.5% and 8.2% respectively. They were followed by travel company Tuniu (TOUR) and online education platform 51Talk Online Education Group (COE), which dropped 5.8% and 4.8% respectively.
From South Asia, the gainers were led by IT firm Wipro (WIT) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which advanced 1.8% and 1.5% respectively. They were followed by Infosys (INFY) and tech conglomerate Sea (SE), which increased 0.9% and 0.7%, respectively.
The decliners from South Asia were telecommunications operator PLDT (PHI) and financial services company HDFC Bank (HDB), which were down 2.3% and 2% respectively.
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