Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Thursday Trading
10:58 AM EST, 11/05/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were sharply lower Thursday morning, declining 1.43% to 2,826.01 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by automotive company Honda Motor (HMC) and mobile big data platform Aurora Mobile (JG), which rose 3.5% and 3.3% respectively. They were followed by e-commerce and technology company JD.com (JD) and pharmaceutical company Takeda Pharmaceutical (TAK), which were up 2.9% and 2.8% respectively. The decliners from North Asia were led by semiconductor companies Himax Technologies (HIMX) and ASE Technology (ASX), which tumbled 25% and 13% respectively. They were followed by semiconductor company Silicon Motion Technology (SIMO) and used car marketplace Uxin (UXIN), which lost 10% and 5.9% respectively. From South Asia, the gainers were led by lender ICICI Bank (IBN) and IT firm Infosys (INFY), which advanced 2.9% and 2.3% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Wipro (WIT), which increased 1.7% and 1.2% respectively. The decliners from South Asia were led by computer hardware maker Canaan (CAN) and tech conglomerate Sea (SE), which dropped 9.2% and 6.1% respectively. They were followed by IT firm Sify Technologies (SIFY) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which fell 1.2% and 0.5% respectively.
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