DR Market News Briefs

Asian ADRs Move Lower in Tuesday Trading


Last updated: 11/23/2021 10:47:11

10:47 AM EST, 11/23/2021 (MT Newswires) --

In North Asia, the gainers were led by online direct sales company JD.com, Inc. (JD) and real estate services provider Leju Holdings Limited (LEJU), which rose 2.9% and 2.8% respectively. They were followed by steel company POSCO (PKX) and internet company Baidu, Inc. (BIDU), which were up 1.7% and 1.4%.

The decliners in North Asia were led by So-Young International Inc. (SY), an online platform providing medical aesthetic information, and content aggregator Qutoutiao Inc. (QTT), which fell 8.4% and 6.8% respectively. They were followed by

educational services provider Tarena International, Inc. (TEDU), which was down 5.9%.

In South Asia, the gainers were led by automaker Tata Motors Limited (TTM) and bank holding company HDFC Bank Limited (HDB), which rose 1.9% and 2.1% respectively. They were followed by telecommunications operator PLDT Inc. (PHI) and bank holding company ICICI Bank Limited (IBN), which increased 1.9% and 1.6%.

The decliners in South Asia were led by digital entertainment firm Sea Limited (SE), which dropped 4.4%, followed by biotech firm ASLAN Pharmaceuticals Limited (ASLN) and business process management company WNS Holdings Limited (WNS), which were down 2% and 0.7% respectively.

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