---
title: "Asian Equities Traded in the US as American Depositary Receipts Tumble in Thursday Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278905643.md"
description: "Asian equities traded in the US saw American depositary receipts drop 2.48% to 2,672.22 on the S&P Asia 50 ADR Index. Notable gainers included Himax Technologies (up 25.6%) and NIO (up 5.9%). Decliners from North Asia featured Honda Motor (down 6.2%) and Cango (down 5.9%). In South Asia, Sify Technologies and Wipro fell 3.3% and 3.2%, respectively. No gainers were reported from South Asia. MT Newswires does not provide investment advice."
datetime: "2026-03-12T14:34:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278905643.md)
  - [en](https://longbridge.com/en/news/278905643.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278905643.md)
---

# Asian Equities Traded in the US as American Depositary Receipts Tumble in Thursday Trading

10:34 AM EDT, 03/12/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were significantly lower Thursday morning, falling 2.48% to 2,672.22 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies ( HIMX ) and electric vehicle maker NIO (NIO), which climbed 25.6% and 5.9% respectively. They were followed by tech company Xunlei ( XNET ) and real estate management and investment firm Eason Technology ( DXF ) , which rose 5.6% and 1.7% respectively

The decliners from North Asia were led by automotive company Honda Motor ( HMC ) and Bitcoin mining company Cango ( CANG ) , which fell 6.2% and 5.9% respectively. They were followed by internet and data center services provider VNET Group ( VNET ) and lender Sumitomo Mitsui Financial Group ( SMFG ) , which were down 5.6% and 4.8% respectively.

There were no gainers from South Asia.

The decliners from South Asia were led by IT company Sify Technologies ( SIFY ) and IT firms Wipro ( WIT ) , which dropped 3.3% and 3.2% respectively. They were followed by IT firm Infosys ( INFY ) and lender ICICI Bank ( IBN ) , which were off 1.4% and 0.9% respectively.

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

### Related Stocks

- [CANG.US](https://longbridge.com/en/quote/CANG.US.md)
- [NIO.SG](https://longbridge.com/en/quote/NIO.SG.md)
- [HIMX.US](https://longbridge.com/en/quote/HIMX.US.md)
- [WIT.US](https://longbridge.com/en/quote/WIT.US.md)
- [SIFY.US](https://longbridge.com/en/quote/SIFY.US.md)
- [NIO.US](https://longbridge.com/en/quote/NIO.US.md)

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