10:35 AM EDT, 06/06/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were little changed Thursday morning, up less than 0.1% to 1,947.48 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive ecommerce platforms Cango ( CANG ) and TuanChe ( TC ) , which rose 5.8% and 5.6% respectively. They were followed by mobile app developer Cheetah Mobile ( CMCM ) and used car ecommerce platform Uxin ( UXIN ) , which increased 4.4% and 3.5% respectively.

The decliners from North Asia were led by electric vehicle maker NIO (NIO) and online educational platform 17 Education & Technology Group ( YQ ) , which fell 8.3% and 8.2% respectively. They were followed by media company Phoenix New Media ( FENG ) and pet-focused platform Boqii ( BQ ) , which dropped 6.8% and 4% respectively.

From South Asia, the gainers were led by IT firms Wipro ( WIT ) and Infosys ( INFY ) , which rose 2.5% and 1.8% respectively. They were followed by business process management company WNS (WNS) and biotech firm ASLAN Pharmaceuticals (ASLN), which were up 1.4% and 1.1% respectively.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) , which fell 3.1%, followed by telecommunications operator PLDT ( PHI ) and financial services company ICICI Bank ( IBN ) , which were off 0.8% and 0.4% respectively.