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Asian Equities Traded in the US as American Depositary Receipts Fall in Thursday Trading

Asian Equities Traded in the US as American Depositary Receipts Fall in Thursday Trading

MT newswireMT newswire2026/09/24 14:34
10:34 AM EDT, 09/24/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were heading lower in Thursday trading, dropping 0.90% to 2,955.95 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by used car marketplace Uxin (UXIN) and brand platform Baozun (BZUN), which climbed 16% and 4%, respectively. They were followed by online entertainment service iQIYI (IQ) and music streaming service Tencent Music Entertainment Group (TME), which advanced 1% and 0.9% respectively. The decliners from North Asia were led by biopharmaceutical company Zai Lab (ZLAB) and healthcare platform 111 (YI), which fell 5.4% and 3%, respectively. They were followed by tech company Baidu (BIDU) and polysilicon manufacturer Daqo New Energy (DQ), which were down 2.7% and 0.9%, respectively. From South Asia, the lone gainer was telecommunications operator Telekomunikasi Indonesia (TLK), which was up 0.2%. The decliners from South Asia were led by tech conglomerate Sea (SE) and IT firm Infosys (INFY), which dropped 2.7% and 2.1%, respectively. They were followed by IT firm Wipro (WIT) and computer hardware maker Canaan (CAN), which lost 1.8% and 0.9%, respectively.
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