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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.