---
title: "Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Monday Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277494693.md"
description: "Asian equities traded in the US saw a significant drop in American depositary receipts, falling 1.74% on the S&P Asia 50 ADR Index. Notable gainers included AMTD Digital and 36Kr, rising 17% and 5.3%, respectively. Decliners from North Asia included Zai Lab and iQIYI, down 6.4% and 5%. In South Asia, Sify Technologies and Sea led the declines, dropping 6.7% and 3.8%."
datetime: "2026-03-02T15:31:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277494693.md)
  - [en](https://longbridge.com/en/news/277494693.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277494693.md)
---

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

10:31 AM EST, 03/02/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts started the week sharply lower Monday morning, falling 1.74% to 2,886.53 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm AMTD Digital ( HKD ) and brand platform 36Kr (KRKR), which climbed 17% and 5.3%, respectively. They were followed by game live-streaming service DouYu International ( DOYU ) and online game developer The9 ( NCTY ) , which rose 3% and 2.1%, respectively.

The decliners from North Asia were led by biopharmaceutical company Zai Lab ( ZLAB ) and video-streaming platform iQIYI (IQ), which fell 6.4% and 5%, respectively. They were followed by lender Nomura (NMR) and used car marketplace Uxin ( UXIN ) , which lost 4.9% and 4.3%, respectively.

There were no gainers in South Asia.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which dropped 6.7% and 3.8%, respectively. They were followed by lender HDFC Bank ( HDB ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were down 2.3% and 2.2%, respectively.

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

### Related Stocks

- [AMTD.US](https://longbridge.com/en/quote/AMTD.US.md)
- [KRKR.US](https://longbridge.com/en/quote/KRKR.US.md)
- [SE.US](https://longbridge.com/en/quote/SE.US.md)
- [HKD.US](https://longbridge.com/en/quote/HKD.US.md)
- [SIFY.US](https://longbridge.com/en/quote/SIFY.US.md)
- [IQ.US](https://longbridge.com/en/quote/IQ.US.md)
- [ZLAB.US](https://longbridge.com/en/quote/ZLAB.US.md)
- [AIA.US](https://longbridge.com/en/quote/AIA.US.md)

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