---
title: "Asian Equities Traded in the US as American Depositary Receipts Lower in Monday Trading"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286790655.md"
description: "Asian equities traded in the US saw a decline of 0.48% on the S&P Asia 50 ADR Index. Notable gainers included Tencent Music (+7.1%) and DouYu International (+3.8%), while Eason Technology (-17%) and The9 (-6.9%) were among the decliners. In South Asia, Telekomunikasi Indonesia rose 4%, while Canaan dropped 4.4%."
datetime: "2026-05-18T14:44:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286790655.md)
  - [en](https://longbridge.com/en/news/286790655.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286790655.md)
---

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

10:44 AM EDT, 05/18/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were lower Monday morning, declining 0.48% to 2,833.93 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by streaming music service Tencent Music Entertainment Group ( TME ) and game live-streaming service DouYu International ( DOYU ) , which rose 7.1% and 3.8% respectively. They were followed by healthcare platform 111 (YI) and lender Mitsubishi UFJ Financial Group ( MUFG ) , which were up 1.9% and 1.8% respectively.

The decliners from North Asia were led by Eason Technology ( DXF ) and online game developer The9 ( NCTY ) , which shed 17% and 6.9% respectively. They were followed by biopharmaceutical company Zai Lab ( ZLAB ) and semiconductor company ASE Technology ( ASX ) , which lost 6.8% and 6.5% respectively.

From South Asia, the gainers were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which rose 4% and 1.8% respectively. It was followed by HDFC Bank ( HDB ) , which increased 1.5%.

The decliners from South Asia were computer hardware maker Canaan (CAN) and IT firm Sify Technologies ( SIFY ) , which dropped 4.4% and 0.2% respectively.

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

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