10:54 AM EDT, 08/12/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were increasing Tuesday morning, up 1.7% to 2,458.5 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by music streaming service Tencent Music Entertainment Group ( TME ) and fintech firm Qfin ( QFIN ) , which climbed 11.7% and 6.4% respectively. They were followed by financial services company Mitsubishi UFJ Financial Group ( MUFG ) and game live-streaming service HUYA ( HUYA ) , which rose 3.8% and 3.3% respectively.

The decliners from North Asia were led by automotive marketplace Token Cat ( TC ) and electric vehicle maker NIO (NIO), which dropped 9.2% and 8% respectively. They were followed by internet and data center services provider VNET Group ( VNET ) and polysilicon manufacturer Daqo New Energy ( DQ ) , which lost 7% and 3.3% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which advanced 19.5% and 6.2% respectively. They were followed by IT firm Wipro ( WIT ) and telecommunications operator PLDT ( PHI ) , which were up 0.9% and 0.2% respectively.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) , which was down 1.5%, followed by financial services companies HDFC Bank ( HDB ) and ICICI Bank ( IBN ) , which were off 0.1% each.