10:25 AM EDT, 09/02/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the shortened trading week lower Tuesday morning, declining 0.3% to 2,470.04 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by brand platform Baozun ( BZUN ) and education company 51Talk Online Education Group ( COE ) , which climbed 9.4% and 6.9% respectively. They were followed by video-based social media platform JOYY ( JOYY ) and semiconductor company ASE (ASX), which rose 5.1% and 3.2% respectively.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and internet and data center services provider VNET Group ( VNET ) , which fell 6.4% and 6% respectively. They were followed by video-sharing site Bilibili ( BILI ) and used car e-commerce platform Uxin ( UXIN ) , which dropped 4.6% and 2.6% respectively.

From South Asia, the only gainers were IT firms Wipro ( WIT ) and Infosys ( INFY ) , which were up 0.4% and 0.3% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and lender HDFC Bank ( HDB ) , which lost 4.1% and 2% respectively. They were followed by telecommunications operators PLDT ( PHI ) and Telekomunikasi Indonesia (TLK), which were down 1.7% each.