11:08 AM EDT, 03/27/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending sharply lower Wednesday morning, falling 0.9% to 1,877.32 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by wealth management firm Noah (NOAH) and online educational platform 51Talk Online Education Group (COE), which climbed 17.7% and 5.6% respectively. They were followed by automotive ecommerce platform Cango (CANG) and mobile big data platform Aurora Mobile (JG), which rose 3.5% and 0.8% respectively.

The decliners from North Asia were led by electric vehicle maker NIO (NIO) and game live-streaming company DouYu International (DOYU), which fell 4.5% and 1.2% respectively. They were followed by real estate services provider Leju (LEJU) and consumer lending firm Dunxin Financial (DXF), which dropped 4.7% and 3.8% respectively.

From South Asia, the gainers were led by financial services company HDFC Bank (HDB) and telecommunications operator PLDT (PHI), which increased 2.6% and 0.7% respectively. They were followed by business process management company WNS (WNS) and IT firm Wipro (WIT), which were up 0.9% and 0.1% respectively. IT firm Sify Technologies (SIFY) was up 1.5%.

The decliners from South Asia were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which lost 3.9% and 1.9% respectively.