---
title: "Asian Equities Traded in the US as American Depositary Receipts Fall Again in Friday Trading; Down Nearly 6% for Week"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278136756.md"
description: "Asian equities traded in the US faced a challenging week, with the S&P Asia 50 ADR Index declining 1.11% to 2,706.61, marking a nearly 6% drop since Monday. Notable gainers included JD.com and Phoenix New Media, rising 3.9% and 3.5%, respectively. In contrast, Canaan and Concord Medical Services led the decliners, falling 4.3% and 3.2%. From South Asia, Wipro was the only gainer at 0.7%, while Sea and HDFC Bank saw declines of 3.7% and 3%."
datetime: "2026-03-06T15:44:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278136756.md)
  - [en](https://longbridge.com/en/news/278136756.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278136756.md)
---

# Asian Equities Traded in the US as American Depositary Receipts Fall Again in Friday Trading; Down Nearly 6% for Week

10:44 AM EST, 03/06/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts are set to end a rough week on a down note Friday, declining 1.11% to 2,706.61 on the S&P Asia 50 ADR Index, which has lost nearly 6% since Monday.

From North Asia, the gainers were led by online retailer JD.com ( JD ) and media company Phoenix New Media ( FENG ) , which advanced 3.9% and 3.5% respectively. They were followed by travel company Tuniu ( TOUR ) and game live-streaming service DouYu International ( DOYU ) , which rose 2.1% and 1.9% respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and diagnostic imaging centers company Concord Medical Services ( CCM ) , which dropped 4.3% and 3.2% respectively. They were followed by lender Shinhan Financial Group ( SHG ) and internet and data center services provider VNET Group ( VNET ) , which lost 3% and 2.2% respectively.

From South Asia, the lone gainer was IT firm Wipro ( WIT ) , which was up 0.7%.

The decliners from South Asia were led by tech conglomerate Sea (SE) and lender HDFC Bank ( HDB ) , which fell 3.7% and 3% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and lender ICICI Bank ( IBN ) , which were down 2% and 1.9% respectively.

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

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