DR Market News Briefs

Asian ADRs Move Lower in Tuesday Trading


Last updated: 07/14/2020 10:36:30

10:36 AM EDT, 07/14/2020 (MT Newswires) --

In North Asia, the gainers were led by biotech firm BeiGene, Ltd. (BGNE) and data collecting and analytics platform Aurora Mobile Limited (JG), which rose 4.6% and 4.5% respectively. They were followed by Ruhnn Holding Limited (RUHN), a distributor of clothes, shoes, leather goods, and cosmetics, and steel company Ossen Innovation (OSN), which were up 3.8% and 3.1%.

The decliners in North Asia were led by social network company MOGU Inc. (MOGU) and automotive ecommerce platform TuanChe Limited (TC), which fell 12.4% and 8.6% respectively. They were followed by video sharing service Bilibili Inc. (BILI) and online discount retailer Vipshop Holdings Limited (VIPS), which lost 7.8% and 7.1%.

In South Asia, the only gainers were pharmaceutical firm Dr. Reddy's Laboratories Limited (RDY) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 1.7% and 0.1% respectively.

The decliners in South Asia were led by biotech company ASLAN Pharmaceuticals Limited (ASLN) and digital entertainment firm Sea Limited (SE), which fell 7.3% and 5.2% respectively. They were followed by mining company Vedanta Limited (VEDL) and HDFC Bank Limited (HDB), which were down 2.5% and 1.7%.

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