10:39 AM EDT, 04/28/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week modestly higher Monday morning, rising 0.32% to 2,107.64 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by tech company Xunlei ( XNET ) and education company 17 Education & Technology Group ( YQ ) , which surged 16.4% and 4.7% respectively. They were followed by financial services company CNFinance ( CNF ) and electric vehicle maker NIO (NIO), which climbed 7.4% and 6.2% respectively.

The decliners from North Asia were led by solar project developer Emeren Group ( SOL ) and computer hardware maker Canaan (CAN), which fell 5.8% and 3.8% respectively. They were followed by financial services company Nomura (NMR) and online game developer The9 ( NCTY ) , which dropped 4% and 3.7% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 1.8% and 1.3% respectively. They were followed by financial services company ICICI Bank ( IBN ) and tech conglomerate Sea (SE), which were up 1% and 0.7% respectively.

The decliners from South Asia were led by telecommunications operators PLDT ( PHI ) and Telekomunikasi Indonesia (TLK), which lost 1.3% and 1.1% respectively. They were followed by financial services company HDFC Bank ( HDB ) and IT firm Infosys ( INFY ) , which were off 0.5% and 0.1% respectively.