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Asian ADRs Shift Higher

American depositary receipts of Asian stocks were trading 2.27% higher at 1,407.10 on the BNY Mellon Asia 50 ADR Index on Monday.

In North Asia, the gainers were led by solar panel manufacturer Yingli Green Energy (YGEHY), which jumped 28.1%, followed by online game developers The9 (NCTY) and Huya (HUYA), and solar park operator Sky Solar Holdings (SKYS), which climbed 7.8%, 6.4%, and 5.6% respectively.

The decliners in North Asia were led by online game developer Gravity (GRVY) and diagnostic imaging centers company Concord Medical Services (CCM), which fell 5.5% and 2.8% respectively. They were followed by electricity provider Korea Electric Power (KEP) and travel company Tuniu Corp. (TOUR), which were off 1.9% and 1.3%.

In South Asia, the gainers were led by biotech firm ASLAN (ASLN), which rose 1.4%, followed by telecommunications operator PLDT (PHI) and Telekomunikasi Indonesia (TLK), which were up 1.1% and 0.9%. Business process management services provider WNS Holdings (WNS) gained 0.7%.

Automaker Tata Motors (TTM) led the decliners in South Asia, falling 3.1%, followed by ICICI Bank (IBN) and digital entertainment company Sea Limited (SE), which was down 0.9% and 0.3% respectively.

American depositary receipts of Asian stocks were trading 2.27% higher at 1,407.10 on the BNY Mellon Asia 50 ADR Index on Monday.

In North Asia, the gainers were led by solar panel manufacturer Yingli Green Energy (YGEHY), which jumped 28.1%, followed by online game developers The9 (NCTY) and Huya (HUYA), and solar park operator Sky Solar Holdings (SKYS), which climbed 7.8%, 6.4%, and 5.6% respectively.

The decliners in North Asia were led by online game developer Gravity (GRVY) and diagnostic imaging centers company Concord Medical Services (CCM), which fell 5.5% and 2.8% respectively. They were followed by electricity provider Korea Electric Power (KEP) and travel company Tuniu Corp. (TOUR), which were off 1.9% and 1.3%.

In South Asia, the gainers were led by biotech firm ASLAN (ASLN), which rose 1.4%, followed by telecommunications operator PLDT (PHI) and Telekomunikasi Indonesia (TLK), which were up 1.1% and 0.9%. Business process management services provider WNS Holdings (WNS) gained 0.7%.

Automaker Tata Motors (TTM) led the decliners in South Asia, falling 3.1%, followed by ICICI Bank (IBN) and digital entertainment company Sea Limited (SE), which was down 0.9% and 0.3% respectively.

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