---
title: "Asian Equities Traded in the US as American Depositary Receipts Surge in Monday Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280185890.md"
description: "Asian equities traded in the US saw a significant rise in American depositary receipts, with the S&P Asia 50 ADR Index increasing by 2.43% to 2,622.72. Notable gainers included NIO (+6.6%), Nomura (+4.8%), and J and Friends (+4.4%). Decliners from North Asia included 51Talk (-6.6%) and MOGU (-5.7%). In South Asia, Sify Technologies (+4%) and PLDT (+2.9%) led the gains, while HDFC Bank and Dr. Reddy's Laboratories both fell by 0.5%."
datetime: "2026-03-23T14:48:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280185890.md)
  - [en](https://longbridge.com/en/news/280185890.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280185890.md)
---

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

10:48 AM EDT, 03/23/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened sharply higher Monday morning, rising 2.43% to 2,622.72 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by electric vehicle maker NIO (NIO), which advanced 6.6%. It was followed by lender Nomura (NMR) and fintech firm J and Friends ( JF ) , which climbed 4.8% and 4.4%, respectively.

The decliners from North Asia were led by education company 51Talk Online Education Group ( COE ) and fashion platform MOGU ( MOGU ) , which fell 6.6% and 5.7%, respectively. They were followed by fintech company Jiayin Group ( JFIN ) and game live-streaming service DouYu International ( DOYU ) , which dropped 3.7% and 2.9%, respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which rose 4% and 2.9%, respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT company Infosys (INFY), which were up 2.7% and 2.2%, respectively.

The only decliners from South Asia were lender HDFC Bank ( HDB ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.5% each.

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

### Related Stocks

- [AIA.US](https://longbridge.com/en/quote/AIA.US.md)
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- [COE.US](https://longbridge.com/en/quote/COE.US.md)
- [NMR.US](https://longbridge.com/en/quote/NMR.US.md)
- [SIFY.US](https://longbridge.com/en/quote/SIFY.US.md)
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- [RDY.US](https://longbridge.com/en/quote/RDY.US.md)
- [PHI.US](https://longbridge.com/en/quote/PHI.US.md)
- [NIO.US](https://longbridge.com/en/quote/NIO.US.md)
- [JF.US](https://longbridge.com/en/quote/JF.US.md)

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