Asian Equities Traded in the US as American Depositary Receipts Edge Higher in Friday Trading

10:36 AM EDT, 10/16/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were edging higher Friday morning, up 0.15% to 2,934.32 on the S&P Asia 50 ADR Index, which is down about 1.5% for the week so far. From North Asia, the gainers were led by diagnostic imaging centers firm Concord Medical Services (CCM) and fintech firm Jiayin Group (JFIN), which rose 8.3% and 3.3% respectively. They were followed by brand platform Baozun (BZUN) and lender Mitsubishi UFJ Financial Group (MUFG), which rose 3% and 1.4% respectively. The decliners from North Asia were led by 17 Education & Technology Group (YQ) and automotive marketplace Token Cat (TC), which dropped 6.2% and 5.4% respectively. They were followed by tech company Xunlei (XNET) and internet and data center services provider VNET Group (VNET), which lost 4.7% and 4.1% respectively. From South Asia, the gainers were led by IT firm Wipro (WIT) and ICICI Bank (IBN), which increased 3.5% and 2% respectively. They were followed by HDFC Bank (HDB) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 1.1% and 0.7% respectively. The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and Canaan (CAN), which fell 13% and 2.4% respectively. They were followed by IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which were off 0.8% and 0.5% respectively.