<div id="readability-page-1" class="page">10:39 AM EST, 02/17/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were sharply lower Tuesday morning, falling 1.8% to 2,934.44 on the S&amp;P Asia 50 ADR Index.From North Asia, the gainers were led by automative marketplace Token Cat ( TC ) and mobile app developer Cheetah Mobile ( CMCM ) , which rose 4.4% and 3.4% respectively. They were followed by fintech firm LexinFintech ( LX ) and casino and resort operator Melco Resorts &amp; Entertainment ( MLCO ) , which advanced 3.3% and 1.9% respectively.The decliners from North Asia were led by automotive marketplace Cango ( CANG ) and mobile big data platform Aurora Mobile ( JG ) , which fell 8.4% and 6% respectively. They were followed by lenders Sumitomo Mitsui Financial Group ( SMFG ) and Mitsubishi UFJ Financial Group ( MUFG ) , which were down 4.3% and 3.6% respectively.From South Asia, the gainers were led by lender ICICI Bank ( IBN ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 1.3% and 1.1% respectively. They were followed by tech conglomerate Sea (SE) and IT firm Infosys ( INFY ) , which increased 0.5% and 0.1% respectively.The decliners from South Asia were led by IT company Sify Technologies ( SIFY ) , which dropped 2.7%, followed by IT firm Wipro ( WIT ) and telecommunications operator PLDT ( PHI ) , which lost 1.4% and 0.2% respectively. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.</div>

CANG

SIFY

Asian equities traded in the US saw a significant drop in American depositary receipts, falling 1.8% on the S&P Asia 50 ADR Index. Notable gainers included Token Cat (up 4.4%) and Cheetah Mobile (up 3.4%), while Cango and Aurora Mobile led the decliners, down 8.4% and 6%, respectively. From South Asia, ICICI Bank and Dr. Reddy's Laboratories saw slight gains, while Sify Technologies dropped 2.7%.

fidelity

Dr Reddys Laboratories

Aurora Mobile

Cango

Token Cat

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ICICI Bank

iShares S&P Asia 50

Asian Equities Traded in the US as American Depositary Receipts Drop Sharply in Tuesday Trading