10:43 AM EDT, 05/02/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending sharply higher Thursday morning, rising 1.53% to 1,865.93 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by video-sharing service Bilibili ( BILI ) and internet and data center services provider VNET Group ( VNET ) , which climbed 10% and 7.2% higher, respectively. They were followed by wealth management firm Noah Holdings ( NOAH ) and e-commerce company JD.com ( JD ) , which rose 5.3% and 5.1%, respectively.

The decliners from North Asia were led by mobile big data platform Aurora Mobile ( JG ) , which lost 4.5%, and fintech firm AMTD Digital ( HKD ) , which retreated 3.3%. They were followed by computer hardware maker Canaan (CAN) and brand platform 36Kr (KRKR), which were down 1.9% and 1.8%, respectively.

From South Asia, the gainers were led by business process management company WNS (WNS) and financial services company HDFC Bank ( HDB ) , which increased 1.9% and 1.1%, respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company ICICI Bank ( IBN ) , which were up 1% and 0.1%, respectively.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) , which lost 1.5% and telecommunications operator PLDT ( PHI ) , which retreated 1.3%. They were followed by IT firms Infosys ( INFY ) and Wipro ( WIT ) , which lost 0.6% and 0.5%, respectively.