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Asian Equities Traded in the US as American Depositary Receipts Surge in Monday Trading

Asian Equities Traded in the US as American Depositary Receipts Surge in Monday Trading

MT newswireMT newswire2026/11/02 14:54
10:54 AM EST, 11/02/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week on a strong note Monday morning, surging 1.20% to 2,846.60 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by video-sharing platform Bilibili (BILI) and tech company Alibaba Group (BABA), which climbed 7.1% and 5.5% respectively. They were followed by mobile big data platform Aurora Mobile (JG) and video display maker LG Display (LPL), which advanced 4.7% and 3.9% respectively. The decliners from North Asia were led by semiconductor company Silicon Motion Technology (SIMO) and education company 51Talk Online Education Group (COE), which fell 4.2% and 3.9% respectively. They were followed by tech company Xunlei (XNET) and mobile app developer Cheetah Mobile (CMCM), which were down 3.4% and 2.1% respectively. From South Asia, the gainers were led by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which rose 3.7% and 2.1% respectively. They were followed by lender ICICI Bank (IBN) and computer hardware maker Canaan (CAN), which were up 1.1% and 0.7% respectively. The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 3.4%. It was followed by IT firms Infosys (INFY) and Wipro (WIT), which lost 1.2% and 0.9% respectively.
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