Asian ADRs Move Lower in Wednesday Trading

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American depositary receipts of Asian stocks were trading 0.14% lower at 166.33 on the Bank of New York Mellon Asia ADR Index on Wednesday.

In North Asia, the gainers were led by video sharing service Bilibili ( BILI ), and wealth management firm Noah Holdings ( NOAH ), which rose 3.9% and 1.0% respectively. They were followed by solar equipment company ReneSola ( SOL ), and steel company Ossen Innovation ( OSN ), which were up 0.4% and 0.8%.

The decliners in North Asia were led by social networking platform Renren ( RENN ), and car rental company eHi Car Services (EHIC), which fell 8.3% and 3.8% respectively. They were followed by shopping app dPinduoduo (PDD), and online game publisher The9 (NCTY), which lost 2.5% and 0.8%.

In South Asia, the gainers were led by mining company Vedanta (VEDL), and IT firm Wipro (WIT), which were up 2.5% and 0.8% respectively. They were followed by IT company Infosys (INFY), and HDFC Bank (HDB), which rose 0.8% and 0.5%.

Sea Limited SE led the decliners in South Asia, falling 1.5%, followed by WNS Holdings (WNS), a provider of business process management services, and automaker Tata Motors (TTM), which dropped 1.2% and 0.9%.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Stocks
Referenced Symbols: BILI , NOAH , SOL , OSN , RENN

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