ADRs End Lower; WiMi Hologram Cloud Inc. Declines 34%

Dow Jones

Jan 09, 2025

This article was automatically generated by Dow Jones using technology from Automated Insights.

International stocks trading in New York closed lower on Wednesday, as the S&P/BNY Mellon index of American depositary receipts fell 0.5% to 181.42.

The European index declined 0.1% to 164.92. The Asian index fell 0.9% to 236.76. The Latin American index fell 1.2% to 176.72, while the emerging-markets index dropped 1.3% to 380.12.

WiMi Hologram Cloud Inc., based in China, posted the largest decline, cratering 34% to $1.20, followed by shares of Switzerland's WISeKey International Holding Ltd., which plummeted 25% to $6.57. Shares of China-based Kuke Music Holding Ltd. plunged 19% to 42 cents.

China's CNFinance Holdings Ltd. was the biggest leader during the session, jumping 15% to $1.18, and China-based I-Mab jumped 12% to $1.10. Turbo Energy S.A., which is based in Spain, rounded out the top three leaders on Wednesday, with shares jumping 12% to $2.39.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 08, 2025 16:30 ET (21:30 GMT)

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Declines 34%","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  This article was automatically generated by Dow Jones using technology from Automated Insights. \n</p>\n<p>\n     International stocks trading in New York closed lower on Wednesday, as the S&amp;P/BNY Mellon index of American depositary receipts fell 0.5% to 181.42. \n</p>\n<p>\n     The European index declined 0.1% to 164.92. The Asian index fell 0.9% to 236.76. The Latin American index fell 1.2% to 176.72, while the emerging-markets index dropped 1.3% to 380.12. \n</p>\n<p>\n     WiMi Hologram Cloud Inc., based in China, posted the largest decline, cratering 34% to $1.20, followed by shares of Switzerland's <a href=\"https://laohu8.com/S/WKEYV\">WISeKey International Holding Ltd</a>., which plummeted 25% to $6.57. Shares of China-based Kuke Music Holding Ltd. plunged 19% to 42 cents. \n</p>\n<p>\n     China's CNFinance Holdings Ltd. was the biggest leader during the session, jumping 15% to $1.18, and China-based I-Mab jumped 12% to $1.10. Turbo Energy S.A., which is based in Spain, rounded out the top three leaders on Wednesday, with shares jumping 12% to $2.39. \n</p>\n<p>\n  Data source: Dow Jones Market Data, FactSet \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 08, 2025 16:30 ET (21:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ADRs End Lower; WiMi Hologram Cloud Inc. 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The Asian index fell 0.9% to 236.76. The Latin American index fell 1.2% to 176.72, while the emerging-markets index dropped 1.3% to 380.12.WiMi Hologram Cloud Inc., based in China, posted the largest decline, cratering 34% to $1.20, followed by shares of Switzerland's WISeKey International Holding Ltd., which plummeted 25% to $6.57. Shares of China-based Kuke Music Holding Ltd. plunged 19% to 42 cents.China's CNFinance Holdings Ltd. was the biggest leader during the session, jumping 15% to $1.18, and China-based I-Mab jumped 12% to $1.10. 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The Latin American index fell 1.2% to 176.72, while the emerging-markets index dropped 1.3% to 380.12. \n\n\n     WiMi Hologram Cloud Inc., based in China, posted the largest decline, cratering 34% to $1.20, followed by shares of Switzerland's WISeKey International Holding Ltd., which plummeted 25% to $6.57. Shares of China-based Kuke Music Holding Ltd. plunged 19% to 42 cents. \n\n\n     China's CNFinance Holdings Ltd. was the biggest leader during the session, jumping 15% to $1.18, and China-based I-Mab jumped 12% to $1.10. 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