Asian Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading

 Asian equities traded in the US as American depositary receipts were higher on Wednesday morning, up 1.3% to 2,288.61 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by beverage company Chagee CCHA and bitcoin miner Cango CANG, which advanced 5.6% and 5.5%, respectively.

They were followed by e-commerce and tech giant Alibaba BABA, which climbed 3.1%.

The decliners from North Asia were led by education technology company Ambow Education AMBO and financial technology firm AMTD Digital HKD, which fell 2.9% and 1.9% respectively.

From South Asia, the gainers were led by housing finance company HDFC Bank HDFCBANK, which rose 1%.

The decliners from South Asia were led by consulting and IT services company Infosys INFY, which was shedding 0.4%.

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