10:40 AM EDT, 03/11/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking higher Tuesday morning, rising 0.58% to 2,166.37 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by technology company Xunlei (XNET) and consumer lending firm Eason Technology (DXF), which climbed 19% and 16%, respectively. They were followed by mobile app developer Cheetah Mobile (CMCM) and automotive marketplace Token Cat (TC), which advanced 11% each.

The decliners from North Asia were led by pet-focused platform Boqii (BQ) and streaming music service Tencent Music Entertainment Group (TME), which fell 9.6% and 4.1%, respectively. They were followed by education company Four Seasons Education (Cayman) (FEDU) and financial services company Nomura (NMR), which dropped 2.6% and 2.5%, respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and financial services company ICICI Bank (IBN), which rose 4% and 0.8%, respectively. They were followed by financial services company HDFC Bank (HDB) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.6% and 0.1%, respectively.

The decliners from South Asia were led by IT firm Infosys (INFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which lost 2.1% and 1.3%, respectively. They were followed by tech conglomerate Sea (SE) and IT company Wipro (WIT), which were down 1% and 0.8%, respectively.

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