ADRs End Lower; 17 Education & Technology Group Inc. Declines 24%

Dow Jones
27 Mar

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 declined 1.2% to 191.83.

The European index fell 1.0% to 177.48. The Asian index dropped 1.6% to 243.45. The Latin American index dropped 0.4% to 195.36, while the emerging-markets index fell 1.7% to 386.20.

17 Education & Technology Group Inc., based in China, posted the largest decline, cratering 24% to $1.62, followed by shares of China's Intchains Group Ltd., which cratered 24% to $3.15. Shares of China-based AIX Inc. tumbled 18% to 26 cents.

China's Lixiang Education Holding Co. Ltd. was the biggest leader during the session, soaring 75% to $18.21, and China-based X Financial jumped 18% to $15.31. Lion Group Holding Ltd., which is based in Hong Kong, rounded out the top three leaders on Wednesday, with shares surging 12% to $4.16.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 26, 2025 16:30 ET (20:30 GMT)

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