---
title: "Asian Equities Traded in the US as American Depositary Receipts Fall Sharply in Thursday Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283859003.md"
description: "Asian equities traded in the US saw a sharp decline in American depositary receipts, dropping 1.2% on the S&P Asia 50 ADR Index. Notable gainers included Tuniu (TOUR) and Maase (MAAS), rising 16.3% and 15.9%, while LG Display (LPL) and Zai Lab (ZLAB) led the decliners, falling 17% and 5.3%. From South Asia, Dr. Reddy's Laboratories (RDY) gained 4.6%, while Infosys (INFY) and Wipro (WIT) fell 6.4% and 4.7%, respectively."
datetime: "2026-04-23T14:44:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283859003.md)
  - [en](https://longbridge.com/en/news/283859003.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283859003.md)
---

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

10:44 AM EDT, 04/23/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were falling sharply Thursday morning, dropping 1.2% to 2,766.6 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by travel company Tuniu ( TOUR ) and fintech firm Maase ( MAAS ) , which climbed 16.3% and 15.9% respectively. They were followed by education company 51Talk Online Education Group ( COE ) and media company Phoenix New Media ( FENG ) , which increased 5.5% and 3.9% respectively.

The decliners from North Asia were led by video display maker LG Display ( LPL ) and biopharmaceutical company Zai Lab ( ZLAB ) , which shed 17% and 5.3% respectively. They were followed by semiconductor company Himax Technologies ( HIMX ) and fintech company Jiayin Group ( JFIN ) , which dropped 5% and 3.6% respectively.

From South Asia, the only gainers were pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT ( PHI ) , which rose 4.6% and 0.2% respectively.

The decliners from South Asia were led by IT firms Infosys ( INFY ) and Wipro ( WIT ) , which fell 6.4% and 4.7% respectively. They were followed by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which were each down 2.9%.

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

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