10:37 AM EST, 01/14/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking higher Tuesday morning, rising 0.91% to 2,044.04 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive e-commerce platform Cango ( CANG ) and online game developer The9 ( NCTY ) , which climbed 8.4% and 6.5%, respectively. They were followed by education company 17 Education & Technology Group ( YQ ) and computer hardware maker Canaan (CAN), which rose 6.4% and 4.9%, respectively.

The decliners from North Asia were led by brand platform 36Kr (KRKR) and pet-focused platform Boqii ( BQ ) , which fell 5% and 2.2%, respectively. They were followed by automotive e-commerce platform TuanChe ( TC ) and semiconductor company Himax Technologies ( HIMX ) , which lost 2% and 1.4%, respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which increased 2.4% and 1.1% respectively. They were followed by financial services companies HDFC Bank ( HDB ) and ICICI Bank ( IBN ) , which were up 0.8% and 0.3% respectively.

The decliners from South Asia were led by telecommunications operators Telekomunikasi Indonesia Tk (TLK) and PLDT ( PHI ) , which dropped 1.3% and 1% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys ( INFY ) , which were off 0.8% and 0.2% respectively.