10:45 AM EDT, 05/01/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were treading water Wednesday morning, as they nudged 0.065% lower to 1,841.39 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by used car ecommerce platform Uxin ( UXIN ) and fintech firm AMTD Digital ( HKD ) , which advanced 2.7% and 10.3% respectively. They were followed by electric vehicle maker NIO (NIO) and mobile app developer Cheetah Mobile ( CMCM ) , which climbed 6% and 5.6% higher respectively.

The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services ( CCM ) , which tumbled 28.8%, followed by travel company Tuniu ( TOUR ) and online educational platform 51Talk Online Education Group ( COE ) , which fell 9% and 3.5% respectively. They were followed by educational company Four Seasons Education ( FEDU ) , which was down 3.1%.

From South Asia, the gainers were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) and financial services company HDFC Bank ( HDB ) , which rose 3% and 0.5% respectively. They were followed by IT firm Infosys ( INFY ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.7% and 0.4% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and IT firm Sify Technologies ( SIFY ) , which lost 2% and 0.8% respectively. They were followed by telecommunications operator PLDT ( PHI ) and business process management company WNS (WNS), which were off 0.6% and 0.3% respectively.