10:40 AM EDT, 05/30/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Friday morning, declining 0.44% to 2,247.21 on the S&P Asia 50 ADR Index, which is still up close to 1% for the week

From North Asia, the gainers were led by financial services company Mitsubishi UFJ Financial Group ( MUFG ) and wealth management firm Highest Performances ( MAAS ) , which rose 2.8% and 2.7%, respectively. They were followed by pet-focused platform Boqii ( BQ ) and financial services company Sumitomo Mitsui Financial Group ( SMFG ) , which were up 2.5% and 1.9%, respectively.

The decliners from North Asia were led by fintech firm AMTD Digital ( HKD ) and technology company Xunlei ( XNET ) , which tumbled 16% and 11%, respectively. They were followed by online brokerage UP Fintech ( TIGR ) and financial services company CNFinance ( CNF ) , which were down 7.4% and 3.8%, respectively.

From South Asia, the lone gainer was financial services company HDFC Bank ( HDB ) , which was up 0.2%.

The decliners from South Asia were led by telecommunications operator PLDT ( PHI ) and tech conglomerate Sea (SE), which dropped 3.3% and 1.2%, respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Sify Technologies ( SIFY ) , which were off 0.9% and 0.6% respectively.