Asian ADRs Move Lower in Wednesday Trading

American depositary receipts of Asian stocks were trading 0.39% lower at 1,464.23 on the BNY Mellon Asia 50 ADR Index on Wednesday.

In North Asia, the gainers were led by travel service provider CTrip.com International (CTRP) and AU Optronics (AUO), a manufacturer of thin film transistor liquid crystal displays, which climbed 3.7% and 3.6% respectively. They were followed by solar equipment provider ReneSola (SOL) and live game streaming operator Huya (HUYA), which rose 2.9% and 2.5%.

The decliners in North Asia were led by educational services provider Tarena (TEDU) and online consumer finance platform LexinFintech (LX), which were down 3.9% and 2.9% respectively. They were followed by steel company POSCO (PKX) and pharmaceutical firm Takeda Pharmaceutical (TAK), which lost 2.6% and 2.4%.

In South Asia, the gainers were led by IT services firm Wipro (WIT) and mining company Vedanta (VEDL), which rose 1% and 0.6% respectively. They were followed by IT company Infosys (INFY), which moved 0.3%, higher.

Automaker Tata Motors (TTM) led the decliners in South Asia, falling 1.4%, followed by digital entertainment company Sea Limited (SE), telecommunications operator, PLDT (PHI) and business process management services provider WNS Holdings (WNS), which lost 1.1%, 0.6%, and 0.5% respectively.

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