10:44 AM EDT, 08/03/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were edging higher Monday morning, rising 0.15% to 2,948.83 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by polysilicon manufacturer Daqo New Energy ( DQ ) and tech company Alibaba Group ( BABA ) , which rose 9.8% and 5% respectively. They were followed by brand platform Baozun ( BZUN ) , which gained 3.1%.

The decliners from North Asia were led by semiconductor company Silicon Motion Technology ( SIMO ) and lender Sumitomo Mitsui Financial Group ( SMFG ) , which fell 3.3% and 2.8% respectively. They were followed by internet and data center services provider VNET Group ( VNET ) , which lost 2.6%.

From South Asia, the gainers were led by IT firm Wipro ( WIT ) , which rose 3.3%. It was followed by ICICI Bank ( IBN ) and HDFC Bank ( HDB ) , which were up 1.7% and 0.9% respectively.