DR Market News Briefs

Asian ADRs Move Higher in Wednesday Trading


Last updated: 01/26/2022 10:38:26

10:38 AM EST, 01/26/2022 (MT Newswires) --

In North Asia, the gainers were led by real estate services provider Leju Holdings (LEJU) and solar panel maker JinkoSolar (JKS), which climbed 8.9% and 8.6% respectively. They were followed by automotive ecommerce platform TuanChe (TC) and polysilicon manufacturer Daqo New Energy Corp. (DQ), which rose 6.3% and 5.1%.

The decliners in North Asia were led by online lending platform Pintec Technology (PT) and fintech platform Jiayin Group (JFIN), which fell 8% and 5.4% respectively. They were followed by educational services provider OneSmart International Education Group (ONE) and online video platform iQIYI (IQ), which dropped 4% and 3%.

In South Asia, the gainers were led by business process management company WNS Holdings (WNS) and digital entertainment firm Sea (SE), which rose 3.4% and 2.6% respectively. They were followed by IT firm Sify Technologies (SIFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 2.1% and 2%.

The lone decliner in South Asia was telecommunications operator PLDT (PHI), which edged 0.1% lower.

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