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Asian Equities Traded in the US as American Depositary Receipts Decline in Tuesday Trading

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Last updated: 03/25/2025 10:35:03 AM

10:35 AM EDT, 03/25/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.31% to 2,250.99 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company 17 Education & Technology Group (YQ) and online brokerage UP Fintech (TIGR), which rose 5% and 3.4% respectively. They were followed by polysilicon manufacturer Daqo New Energy (DQ) and streaming music provider Tencent Music Entertainment Group (TME), which were up 3.3% and 2.9% respectively.

The decliners from North Asia were led by technology company Xunlei (XNET) and consumer lending firm LexinFintech (LX), which fell 4.3% and 3.8% respectively. They were followed by internet and data center services provider VNET Group (VNET) and game-centric live streaming platform DouYu International (DOYU), which dropped 3.7% and 3.3% respectively.

From South Asia, the gainers were led by IT firm Infosys (INFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which increased 2.2% and 1.6% respectively. They were followed by IT firm Wipro (WIT) and financial services company HDFC Bank (HDB), which were up 1.1% and 0.02% respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT company Sify Technologies (SIFY), which lost 2.2% and 0.7% respectively. They were followed by financial services company ICICI Bank (IBN) and tech conglomerate Sea (SE), which were down 0.6% each.

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