---
title: "Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Tuesday Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276144899.md"
description: "Asian equities traded in the US saw a significant drop in American depositary receipts, falling 1.8% on the S&P Asia 50 ADR Index. Notable gainers included Token Cat (up 4.4%) and Cheetah Mobile (up 3.4%), while Cango and Aurora Mobile led the decliners, down 8.4% and 6%, respectively. From South Asia, ICICI Bank and Dr. Reddy's Laboratories saw slight gains, while Sify Technologies dropped 2.7%."
datetime: "2026-02-17T15:39:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276144899.md)
  - [en](https://longbridge.com/en/news/276144899.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276144899.md)
---

# Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Tuesday Trading

10:39 AM EST, 02/17/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were sharply lower Tuesday morning, falling 1.8% to 2,934.44 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automative marketplace Token Cat ( TC ) and mobile app developer Cheetah Mobile ( CMCM ) , which rose 4.4% and 3.4% respectively. They were followed by fintech firm LexinFintech ( LX ) and casino and resort operator Melco Resorts & Entertainment ( MLCO ) , which advanced 3.3% and 1.9% respectively.

The decliners from North Asia were led by automotive marketplace Cango ( CANG ) and mobile big data platform Aurora Mobile ( JG ) , which fell 8.4% and 6% respectively. They were followed by lenders Sumitomo Mitsui Financial Group ( SMFG ) and Mitsubishi UFJ Financial Group ( MUFG ) , which were down 4.3% and 3.6% respectively.

From South Asia, the gainers were led by lender ICICI Bank ( IBN ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 1.3% and 1.1% respectively. They were followed by tech conglomerate Sea (SE) and IT firm Infosys ( INFY ) , which increased 0.5% and 0.1% respectively.

The decliners from South Asia were led by IT company Sify Technologies ( SIFY ) , which dropped 2.7%, followed by IT firm Wipro ( WIT ) and telecommunications operator PLDT ( PHI ) , which lost 1.4% and 0.2% respectively.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [RDY.US](https://longbridge.com/en/quote/RDY.US.md)
- [JG.US](https://longbridge.com/en/quote/JG.US.md)
- [CANG.US](https://longbridge.com/en/quote/CANG.US.md)
- [TC.US](https://longbridge.com/en/quote/TC.US.md)
- [SIFY.US](https://longbridge.com/en/quote/SIFY.US.md)
- [IBN.US](https://longbridge.com/en/quote/IBN.US.md)
- [AIA.US](https://longbridge.com/en/quote/AIA.US.md)

## Related News & Research

- [Cango Inc. Announces March 2026 Operational Update; Strategically Optimizing Mining Fleet and Improving Production Economics | CANG Stock News](https://longbridge.com/en/news/282016715.md)
- [Sify Technologies Posts FY 2025-26 Revenue Growth but Books Loss as Data Center Expansion Accelerates](https://longbridge.com/en/news/282578890.md)
- [Jefferies Sticks to Their Buy Rating for ICICI Bank Limited (ICICIBANK)](https://longbridge.com/en/news/282999347.md)
- [ICICI Bank Q4 results preview: Profit may stay flat, margins under pressure](https://longbridge.com/en/news/282946531.md)
- [Aurora Acquisition Completes Equity Offering, Affirms Growth Targets](https://longbridge.com/en/news/282248525.md)