---
title: "Asian Equities Traded in US as ADRs Fall in Tuesday Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283523239.md"
description: "Asian equities traded in the US saw a decline in American depositary receipts, with the S&P Asia 50 ADR Index falling 1.1% to 2,805.12. Notable gainers from North Asia included 51Talk Online Education Group (up 12%) and CNFinance Holdings (up 7.3%). Decliners included Maase (down 15%) and MOGU (down 5.5%). In South Asia, HDFC Bank and ICICI Bank rose 1.8% and 1.6%, respectively, while Telekomunikasi Indonesia fell 3.2%."
datetime: "2026-04-21T14:37:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283523239.md)
  - [en](https://longbridge.com/en/news/283523239.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283523239.md)
---

# Asian Equities Traded in US as ADRs Fall in Tuesday Trading

10:37 AM EDT, 04/21/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts fell Tuesday morning with the S&P Asia 50 ADR Index declining 1.1% to 2,805.12.

From North Asia, the gainers were led by education company 51Talk Online Education Group ( COE ) and lender CNFinance Holdings ( CNF ) , which climbed 12% and 7.3%, respectively. They were followed by mobile app developer Cheetah Mobile ( CMCM ) and fintech firm J and Friends Holdings ( JF ) , which advanced 6.1% and 4.4%, respectively.

The decliners from North Asia were led by fintech firm Maase ( MAAS ) and fashion platform MOGU ( MOGU ) , which dropped 15% and 5.5%, respectively. They were followed by internet and data center services provider VNET Group ( VNET ) and video streaming service iQIYI (IQ), which lost 5.2% and 5%, respectively.

From South Asia, the gainers were led by lenders HDFC Bank ( HDB ) and ICICI Bank ( IBN ) , which rose 1.8% and 1.6%, respectively. They were followed by IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which were up 1.5% and 0.3%, respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which fell 3.2% and 1.5%, respectively. They were followed by IT firm Infosys ( INFY ) and tech conglomerate Sea (SE), which were off 0.7% and 0.5%, respectively.

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

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