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Equities Traded in the US as American Depositary Receipts Wednesday Surge Higher in Wednesday Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=2635733078","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635733078?lang=en_us&edition=fundamental","pubTime":"2026-05-13 22:33","pubTimestamp":1778682825,"startTime":"0","endTime":"0","summary":"Asian equities traded in the US as American depositary receipts were surging higher Wednesday morning, climbing 1.87% to 2,896.53 on the S&P Asia 50 ADR Index.From North Asia, the gainers were led by internet and data center services provider VNET Group  and video display maker LG Display , which surged 29% and 8.6% respectively. They were followed by online retailer JD.com  and semiconductor company Himax Technologies , which climbed 6% and 3.3% respectively.The decliners from North Asia were led by online game developer The9  and data centers and crypto assets company Token Cat , which lost 3.3% and 3.2% respectively. They were followed by lender Shinhan Financial Group  and streaming music service Tencent Music Entertainment Group , which dropped 2.8% and 2.2% respectively.From South Asia, the only gainers were pharmaceutical company Dr. Reddy's Laboratories  and telecommunications operator Telekomunikasi Indonesia , which rose 2.7% and 0.7% respectively.The decliners from South Asi","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["KJD","BK4170","BK4551","LU0269904917.USD","TME","SG9999011746.SGD","BK4595","LU0333810181.USD","LU1688375341.USD","BK4518","LU0890818403.SGD","IE00BYTNYM70.SGD","BK4579","BK4220","LU0326950275.SGD","LU0541501648.USD","BK4552","BK4596","LU0066902890.USD","BK7094","INFY","LU0164881194.USD","LU0348744763.USD","BK4558","BK4571","LU1805238398.USD","LU0588546209.SGD","IE00B0JY6M65.USD","BK4207","BK4524","LU0898667661.SGD","BK4116","LU0359202008.SGD","JD","BK4134","LU1102505762.USD","LU1188198961.HKD","IE00BYQNZ168.SGD","BK4148","BK7502","WIT","LU0541502299.USD","BK4523","LU0862451753.SGD","TDTH","LU0463099449.HKD","LU0431992006.USD","LU2039709279.SGD","LU0307460666.USD","BK4588","BK4009","LU1880383366.USD","HK0000320264.USD","LU0106959298.USD","BK4509","BK4565","TC","LU1508157978.USD","LU0244354667.USD","LU0791590937.USD","09618","HIMX","LPL","LU0197229882.USD","LU2663582299.SGD","LU1267930656.SGD","BK4557","BK4531","LU1366334578.USD","HK0000306685.HKD","HK0000320223.HKD","LU1323998911.USD","IE00B12V2V27.USD","LU0831103253.SGD","LU0708995666.HKD","LU2265009873.SGD","LU2087589342.USD","BK4563","LU1804176565.USD","CAN","BK4607","BK4108","SHG","BK4535","LU0287143357.SGD","BK4122","IE00BGV7N243.SGD","LU0828238088.HKD","BK4532","BK4577","BK7095","BK4117","LU0791591158.USD","BK7096","BK4023","BK4107","IE00B3M56506.USD","BK4533","BK4141","IE0008368742.USD","LU0868486357.SGD","LU0359201612.USD","BK4007","IE00B7N09G41.SGD","BK7508","VNET","RDY","LU0456842615.SGD","BK4505","BK4085","LU0531971678.HKD","BK7016","BK4526","SG9999002463.SGD","BK4504","LU0509642566.USD","LU1366334651.USD","BK4115","TLK","LU0536402901.SGD","HK0000306701.USD","BK4585","BK4600","BK4614","01698","LU1046422090.SGD","BK4548","LU1023057109.AUD","BK4503","IE00BYTNYN87.SGD","NCTY","LU0231203729.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635780023","title":"Tencent Music price target lowered to $18 from $23 at Mizuho","url":"https://stock-news.laohu8.com/highlight/detail?id=2635780023","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635780023?lang=en_us&edition=fundamental","pubTime":"2026-05-13 21:31","pubTimestamp":1778679107,"startTime":"0","endTime":"0","summary":"Mizuho analyst Wei Fang lowered the firm’s price target on Tencent Music (TME) to $18 from $23 and keeps an Outperform rating on the shares. The fi...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/tencent-music-price-target-lowered-to-18-from-23-at-mizuho-thefly-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/tencent-music-price-target-lowered-to-18-from-23-at-mizuho-thefly-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["IEMG","MFG","TME"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635782730","title":"Goldman Sachs Remains a Buy on Tencent Music Entertainment Group (TME)","url":"https://stock-news.laohu8.com/highlight/detail?id=2635782730","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635782730?lang=en_us&edition=fundamental","pubTime":"2026-05-13 20:35","pubTimestamp":1778675722,"startTime":"0","endTime":"0","summary":"In a report released today, Lincoln Kong from Goldman Sachs maintained a Buy rating on Tencent Music Entertainment Group, with a price target of $1...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/goldman-sachs-remains-a-buy-on-tencent-music-entertainment-group-tme-blurbs-news?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/goldman-sachs-remains-a-buy-on-tencent-music-entertainment-group-tme-blurbs-news?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4535","BK4565","LU0345770993.USD","LU0828238088.HKD","LU1791807156.HKD","01698","BK4585","TCHmain","LU1894683348.USD","LU2750360641.GBP","LU0061475181.USD","IE00B12V2V27.USD","IE00BFXG1179.USD","IEMG","IE00BYTNYN87.SGD","BK4509","LU0509642566.USD","IE00B19Z3B42.SGD","BK4552","LU2237443622.USD","TCMEF","IE0002270589.USD","IE0034235188.USD","LU0742534661.SGD","LU0456842615.SGD","IE00BSNM7G36.USD","LU2237443465.HKD","TME","BK4531","LU2237443978.SGD","BK4516","BK4563","LU2237443895.HKD","BK4533","LU1023057109.AUD","LU1668664300.SGD","BK4550","IE00BYQNZ168.SGD","IE0004091025.USD","BK4588","BK4571","LU2237443382.USD","LU0359202008.SGD","LU2471134796.USD","BK4108","LU1894683264.USD","LU1868836591.USD","LU2471134879.HKD","SG9999011746.SGD","GSX"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635782729","title":"Bicara Therapeutics Announces Inducement Grant under Nasdaq Listing Rule 5635(c)(4)","url":"https://stock-news.laohu8.com/highlight/detail?id=2635782729","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635782729?lang=en_us&edition=fundamental","pubTime":"2026-05-13 20:30","pubTimestamp":1778675400,"startTime":"0","endTime":"0","summary":"BOSTON, May  13, 2026  (GLOBE NEWSWIRE) -- Bicara Therapeutics Inc. (Nasdaq: BCAX), a clinical-stage biopharmaceutical company committed to bringing transformative bifunctional therapies to patients w","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2026/05/13/3293981/0/en/Bicara-Therapeutics-Announces-Inducement-Grant-under-Nasdaq-Listing-Rule-5635-c-4.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01698","BK4565","BK4571","BCAX","BK4139","LU0269904917.USD","BK4563","BK4535","BK4526","IE00BYTNYN87.SGD","LU2039709279.SGD","LU0359202008.SGD","LU0828238088.HKD","BK4108","BK4531","IE00B12V2V27.USD","IE00BYQNZ168.SGD","SG9999011746.SGD","BK4509","LU1023057109.AUD","LU0509642566.USD","LU0456842615.SGD","TME","LU0359201612.USD","BK4548","BK4552"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"1144663690","title":"Ximalaya Acquired by TENCENT at a 35% Discount to Peak Valuation, Ending Its Independent Journey","url":"https://stock-news.laohu8.com/highlight/detail?id=1144663690","media":"Deep News","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1144663690?lang=en_us&edition=fundamental","pubTime":"2026-05-13 20:04","pubTimestamp":1778673897,"startTime":"0","endTime":"0","summary":"An early starter who missed the prime opportunity. This phrase aptly describes the current situation for Ximalaya. On May 12th, China's State Administration for Market Regulation (SAMR) 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Competition Watchdog Conditionally Approves Tencent Music's Acquisition of Chinese Audio Platform Ximalaya","url":"https://stock-news.laohu8.com/highlight/detail?id=2635792402","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635792402?lang=en_us&edition=fundamental","pubTime":"2026-05-13 13:03","pubTimestamp":1778648638,"startTime":"0","endTime":"0","summary":"China's competition watchdog conditionally approved Tencent Music Entertainment's  bid to acquire Ximalaya, an online audio platform, according to media reports Tuesday.Tencent and Ximalaya are required to meet certain commitments. Under the regulatory notice, the combined entity was prohibited from raising prices for online audio streaming services according to the State Administration for Market Regulation.Tencent Music agreed last year to acquire Ximalaya for $1.26 billion in cash and an issuance of stock.","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU0359201612.USD","TME","BK4548","01698","BK4108","BK4563","LU1023057109.AUD","BK4526","LU0269904917.USD","BK4565","BK4504","BK4581","LU0359202008.SGD","XIMA","LU0048575426.USD","BK4535","IE0032431581.USD","BK4531","BK4571","BK4552","IE00BYQNZ168.SGD","IEMG","LU0509642566.USD","LU0828238088.HKD","SG9999001093.SGD","BK4550","LU0456842615.SGD","IE00B12V2V27.USD","LU0251143458.SGD","LU0261950470.USD","BK1128","BK4509","IE00BYTNYN87.SGD","BK4588","BK4585","SG9999011746.SGD","LU2039709279.SGD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2635273018","title":"TME's Ximalaya Acquisition Likely to Help Its Long-Form Audio -- Market Talk","url":"https://stock-news.laohu8.com/highlight/detail?id=2635273018","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2635273018?lang=en_us&edition=fundamental","pubTime":"2026-05-13 11:34","pubTimestamp":1778643240,"startTime":"0","endTime":"0","summary":"0334 GMT - Chinese regulators' conditional approval for TME's Ximalaya acquisition could help its long-form audio segment, Citi analysts say in a research note. China's market watchdog on Tuesday approved its acquisition of the online audio platform on condition that it fulfills a series of restrictive commitments to ensure fair market competition. Separately, TME's management continues to \"sound cautious on intensifying competition and the disruptive impact of AI\" on the music streaming business after it reported in-line 1Q results, the analysts say. Management expects near-term pressure on membership and ad revenue growth mainly related to the movement of price-sensitive casual users, they say. Citi maintains a buy rating TME's ADRs but lowers its target price to $13.00 from $15.00. TME's ADRs last ended at $9.07. 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