Asian ADRs Trading Lower

American depository receipts of Asian stocks were trading 0.70% lower at 159.64 on the Bank of New York Mellon Asia ADR Index on Thursday. In North Asia, the gainers were led by biopharmaceutical company Beigene (BGNE), which jumped 21%, followed by B2B platform JMU Limited (JMU), which rose 3.6%. Diagnostic imaging centers company Concord Medical Services (CCM), and China Online Education (COE), a provider of English language education services in China, were up 3.1% and 2.8% respectively.

The decliners in North Asia were led by solar equipment provider SPI Energy (SPI), which tumbled 15.6%, followed by AU Optronics (AUO), a manufacturer of thin-film-transistor liquid-crystal display panels, which fell 4.6%. IT company ChinaCache International Holdings (CCIH) dropped 4.6%, and LG Display (LPL), which makes thin-film transistor liquid crystal display panels, lost 3.9%.

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