---
title: "Asian Equities Traded in the US as American Depositary Receipts Surge in Friday Trading; Up 5% for Week"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283166682.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 2.14% to 2,877.93, marking a 5% gain for the week. Notable gainers included 17 Education & Technology Group (+13%) and Canaan (+8.3%) from North Asia, while HDFC Bank (+5.6%) and ICICI Bank (+3.4%) led South Asia's gains. Decliners included healthcare platform 111 (-4.4%) and JOYY (-1.4%). No decliners were reported from South Asia. MT Newswires does not provide investment advice."
datetime: "2026-04-17T14:36:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283166682.md)
  - [en](https://longbridge.com/en/news/283166682.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283166682.md)
---

# Asian Equities Traded in the US as American Depositary Receipts Surge in Friday Trading; Up 5% for Week

10:36 AM EDT, 04/17/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving sharply higher Friday morning, rising 2.14% to 2,877.93 on the S&P Asia 50 ADR Index, which is surging more than 5% for the week so far.

From North Asia, the gainers were led by education company 17 Education & Technology Group ( YQ ) and computer hardware maker Canaan (CAN), which climbed 13% and 8.3%, respectively. They were followed by education company Four Seasons Education ( FEDU ) and consumer lender Eason Technology ( DXF ) , which advanced 4.9% and 4.4%, respectively.

The decliners from North Asia were led by healthcare platform 111 (YI), which fell 4.4%, followed by social media platform JOYY ( JOYY ) and semiconductor company Himax Technologies ( HIMX ) , which were down 1.4% and 0.4%, respectively.

From South Asia, the gainers were led by lenders HDFC Bank ( HDB ) and ICICI Bank ( IBN ) , which rose 5.6% and 3.4%, respectively. They were followed by IT firm Sify Technologies ( SIFY ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 3.1% and 2.3%, respectively.

There were no decliners from South Asia.

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

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