10:46 AM EDT, 03/16/2023 (MT Newswires) -- Asian equities were slightly higher in Thursday morning trading as American depositary receipts of Asian stocks nudged 0.18% higher to 1,491.39 on the S&P Asia 50 ADR Index.

In North Asia, the gainers were led by mobile big data platform Aurora Mobile (JG) and automotive transaction service platform Cango (CANG), which climbed 8.3% and 6.9% respectively. They were followed by wealth management firm Puyi (PUYI) and content aggregator Qutoutiao (QTT), which rose 6% and 4.6% respectively.

The decliners in North Asia were led by online financial services provider China Finance Online (JRJCY), which plummeted 92%, followed by solar panel maker JinkoSolar (JKS), biotech firm BeiGene (BGNE), and ecommerce fashion platform MOGU Inc. (MOGU), which lost 7.9%, 7.7%, and 6.4% respectively.

In South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and biotech company ASLAN Pharmaceuticals (ASLN), which rose 1.6% and 1.3% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and financial services company HDFC Bank (HDB), which were up 0.4% and 0.2% respectively.

The decliners in South Asia were led by telecommunications operator PLDT (PHI) and tech conglomerate Sea Limited (SE), which dropped 1.9% and 1.2% respectively. They were followed by business process management company WNS (WNS) and IT firm Infosys (INFY), which were down 0.6% each.

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