10:39 AM EDT, 04/25/2024 (MT Newswires) -- Tech stocks were leading Asian equities traded in the US as American depositary receipts lower Thursday morning, falling 0.83% to 1,827.37 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by pet-focused platform Boqii (BQ) and ecommerce fashion platform MOGU (MOGU), which climbed 17% and 8.4% respectively. They were followed by media company Phoenix New Media (FENG) and online educational platform 51Talk Online Education Group (COE), which rose 4% and 3.6% respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and fintech firm AMTD Digital (HKD), which fell 5.4% each. They were followed by video-sharing service Bilibili (BILI) and mobile app developer 111 (YI), which were down 4% and 3.8% respectively.

From South Asia, the only gainers were pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company ICICI Bank (IBN), which rose 4.5% and 0.9% respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK), which fell 2.7%. It was followed by IT firm Wipro (WIT) and ASLAN Pharmaceuticals (ASLN), which were down 2.5% and 2.2% respectively.

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