DR Market News Briefs

Asian ADRs Move Lower in Tuesday Trading


Last updated: 03/02/2021 11:07:57

11:07 AM EST, 03/02/2021 (MT Newswires) --

In North Asia, the gainers were led by video game publisher The9 Limited (NCTY) and data collecting and analytics platform Aurora Mobile Limited (JG), which rose 4.8% and 5.3% respectively. They were followed by automotive transaction service platform Cango Inc. (CANG) and news aggregator Qutoutiao Inc. (QTT), which climbed 9.8% and 3.5%.

The decliners in North Asia were led by electric vehicle maker NIO Limited (NIO) and mobile healthcare platform 111, Inc. (YI), which fell 8.5% and 4.6% respectively. They were followed by biopharmaceutical company Zai Lab Limited (ZLAB) and online sports lottery service 500.com Limited (WBAI), which lost 6.4% and 5.5%.

In South Asia, the gainers were led by digital entertainment company Sea Limited (SE) and automaker Tata Motors Limited (TTM), which rose 3.4% and 4.2% respectively. They were followed by IT firms Infosys Limited (INFY) and Wipro Limited (WIT), which increased 2% and 1.7%.

The decliners in South Asia were led by IT company Sify Technologies Limited (SIFY) and biotech firm ASLAN Pharmaceuticals Limited (ASLN), which fell 4.3% and 4% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and ICICI Bank Limited (IBN), which were down 0.7% and 1.4% respectively.

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