10:34 AM EDT, 05/23/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Friday morning, declining 0.66% to 2,233.92 on the S&P Asia 50 ADR Index, which is up 0.67% for the week.

From North Asia, the gainers were led by utilities company Korea Electric Power ( KEP ) and travel company Tuniu ( TOUR ) , which rose 4.7% and 3.9%, respectively. They were followed by and education company 17 Education & Technology Group ( YQ ) and tech company Xunlei ( XNET ) , which were up 3.7% and 3.6%, respectively.

The decliners from North Asia were led by consumer lending firm Eason Technology ( DXF ) and financial services company CNFinance ( CNF ) , which shed 13% and 10%, respectively. They were followed by biotech firm Zai Lab ( ZLAB ) and computer hardware maker Canaan (CAN), which lost 7.4% and 4.8%, respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and financial services company ICICI Bank ( IBN ) , which advanced 0.7% and 0.6%, respectively. They were followed by IT firms Wipro ( WIT ) and Infosys ( INFY ) , which increased 0.5% and 0.4%, respectively.

The decliners from South Asia were led by IT company Sify Technologies ( SIFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which fell 3.4% and 2.3%, respectively. They were followed by telecommunications operator PLDT ( PHI ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.2% and 0.1%, respectively.