10:30 AM EDT, 09/12/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Friday morning, declining 0.44% to 2,620.80 on the S&P Asia 50 ADR Index, which was up 2.8% for the week.

From North Asia, the gainers were led by fashion platform MOGU ( MOGU ) and video-sharing site Bilibili ( BILI ) , which climbed 8.9% and 4.4% respectively. They were followed by solar panel maker JinkoSolar ( JKS ) and brand platform Baozun ( BZUN ) , which advanced 5% and 0.2% respectively.

The decliners from North Asia were led by automotive marketplace Token Cat ( TC ) and casino and resort operator Melco Resorts & Entertainment ( MLCO ) , which fell 14% and 4.4% respectively. They were followed by music streaming service Tencent Music Entertainment Group ( TME ) and pet-focused platform Boqii ( BQ ) , which dropped 3% each.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) , which was up 2.3%, followed by telecommunications operator Telekomunikasi Indonesia (TLK) and financial services company ICICI Bank ( IBN ) , which rose 0.2% each.

The decliners from South Asia were led by financial services company HDFC Bank ( HDB ) and IT firm Wipro ( WIT ) , which lost 0.5% and 0.5% respectively. They were followed by and IT company Infosys ( INFY ) and tech conglomerate Sea (SE), which were off 0.7% and 0.3% respectively.