10:41 AM EDT, 05/07/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending sharply lower Tuesday morning, declining 1.36% to 1,897.97 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by pet-focused platform Boqii ( BQ ) and used car ecommerce platform Uxin ( UXIN ) , which climbed 7.6% and 7.8% respectively. They were followed by education company Four Seasons Education ( FEDU ) and ad agency iClick Interactive Asia Group ( ICLK ) , which rose 6.7% and 3.3% respectively.

The decliners from North Asia were led by fintech firm Pintec Technology ( PT ) and video-sharing service Bilibili ( BILI ) , which fell 14.4% and 6.3% respectively. They were followed by thin-film liquid display maker LG Display ( LPL ) and financial services company CNFinance ( CNF ) , which dropped 5.9% and 5.1% respectively.

From South Asia, the gainers were led by business process management company WNS (WNS) and IT firm Infosys ( INFY ) , which rose 1.8% and 1.1% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and biotech firm ASLAN Pharmaceuticals ( ASLN ) , which rose 0.8% and 0.6% respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company HDFC Bank ( HDB ) , which lost 3.4% and 2.5% respectively. They were followed by financial services company ICICI Bank ( IBN ) and IT firm Sify Technologies ( SIFY ) , which were down 1.9% and 1.7% respectively.