Wednesday's Asia ADR Recap: Icici Bank

India's second-largest bank, Icici Bank(IBN Quote), said it plans to add another 1,000 clients and 100 relationship managers to its private banking arm within the next year. The company said it will offer products and services to affluent clients who have a net worth of over $1 million.

"The bank has tied up with several global financial majors like Citigroup, Merrill Lynch and Societe Generale to offer customized and structured produces," said V. Vaidyanathan, executive director of Icici Bank. Shares of Icici fell 1% to $37.71.

Technology stocks were on top of the leaders board for Indian-based stocks on Thursday with Cognizant Technology Solutions(CTSH Quote), which ran up 3.9% to $33.49; Satyam Computer(SAY Quote), which tacked on 3.8% to $27.51; Infosys Technologies(INFY Quote), which rose 2.1% to $45.36; and Wipro Limited(WIT Quote), which popped 2.3% to $13.83.

Be sure to check out the Far East Portfolio at Stockpickr.com every night to find out which stocks in India and China are making big moves and announcing major news.

China Recap

Stocks in China traded mixed on Thursday, with shares in Hong Kong advancing off of positive U.S. durable-goods data and with stocks in mainland China dropping as market players booked gains from yesterday's rally driven by speculation that the government will launch stock index futures.

"The only impetus to the market on Wednesday was speculation about index futures, today it's speculation about oil refiners. Speculation dominates the market these days because the market as a whole is increasingly worried about inflation," said Qiang Xiangjing, analyst at CITIC-Kington Securities.

The Shanghai Composite Index dropped 57.59 points, or 1.66%, to 3,401.44, and Hong Kong's Hang Seng Index rose 134.48 points, or 0.6%, to 24,383.99. Here's a look at how some China-based American depositary shares traded in the U.S. Thursday.