---
title: "Asian Equities Traded in the US as American Depositary Receipts Flat in Wednesday Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284599943.md"
description: "Asian equities traded in the US saw American depositary receipts slightly decline by 0.03% to 2,762.13 on the S&P Asia 50 ADR Index. Notable gainers included Silicon Motion Technology (+30.4%) and iQIYI (+5.9%), while Daqo New Energy (-9.6%) and 36Kr (-6.9%) were among the decliners. From South Asia, Infosys (+0.6%) and Telekomunikasi Indonesia (+0.2%) gained, whereas Sea (-3.6%) and Dr. Reddy's Laboratories (-1.9%) fell. Overall, the market showed mixed performance across sectors."
datetime: "2026-04-29T14:37:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284599943.md)
  - [en](https://longbridge.com/en/news/284599943.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284599943.md)
---

# Asian Equities Traded in the US as American Depositary Receipts Flat in Wednesday Trading

10:37 AM EDT, 04/29/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were little changed Wednesday morning, edging 0.03% lower to 2,762.13 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Silicon Motion Technology ( SIMO ) and video streaming service iQIYI (IQ), which climbed 30.4% and 5.9%, respectively. They were followed by used car marketplace Uxin ( UXIN ) and electric vehicle maker NIO (NIO), which advanced 2.7% and 1.7%, respectively.

The decliners from North Asia were led by polysilicon manufacturer Daqo New Energy ( DQ ) and brand platform 36Kr (KRKR), which fell 9.6% and 6.9%, respectively. They were followed by biopharmaceutical company Zai Lab ( ZLAB ) and tech company Baidu ( BIDU ) , which were down 5.3% and 3.9%, respectively.

From South Asia, the only gainers were IT firm Infosys ( INFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.6% and 0.2% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 3.6% and 1.9%, respectively. They were followed by lender ICICI Bank ( IBN ) and IT firm Wipro ( WIT ) , which lost 1.1% and 1% respectively.

Price: 194.15, Change: +44.97, Percent Change: +30.14

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

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