10:58 AM EDT, 04/17/2024 (MT Newswires) -- After opening the trading session in positive territory, Asian equities traded in the US as American depositary receipts fell flat Wednesday morning, declining 0.061% to 1,823.73 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive e-commerce platform Cango (CANG) and solar panel maker JinkoSolar (JKS), which rose 5.1% and 3.9% respectively. They were followed by automotive e-commerce platform TuanChe (TC) and online educational platform 17 Education & Technology Group (YQ), which increased 3.1% and 2.7% respectively.

The decliners from North Asia were led by casino and resort operator Melco Resorts & Entertainment (MLCO) and consumer lending firm Dunxin Financial (DXF), which fell 5.1% and 4.3% respectively. They were followed by biotech firm Zai Lab (ZLAB) and mobile app developer Cheetah Mobile (CMCM), which dropped 4.2% and 3.6% respectively.

From South Asia, the gainers were led by biotech company ASLAN Pharmaceuticals (ASLN) and IT firm Sify Technologies (SIFY), which rose 4.7% and 1.6% respectively. They were followed by financial services company ICICI Bank (IBN) and telecommunications operator PLDT (PHI), which were up 0.6% and 0.4% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which lost 2.1% and 1.9% respectively. They were followed by business process management firm WNS (WNS) and biopharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.6% and 0.4% respectively.

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