10:40 AM EDT, 07/15/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were up sharply Tuesday morning, rising 1.09% to 2,343.40 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by tech company Baidu ( BIDU ) and internet and data center provider VNET Group ( VNET ) , which advanced 8.5% and 7.5% respectively. They were followed by game live-streaming service HUYA ( HUYA ) and ecommerce company Alibaba Group ( BABA ) , which increased 7.2% and 5.8% respectively.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and computer hardware maker Canaan (CAN), which shed 19% and 7.3% respectively. They were followed by used car platform Uxin ( UXIN ) and utilities provider Korea Electric Power ( KEP ) , which fell 4.7% and 4% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Wipro ( WIT ) , which rose 3.9% and 1.4% respectively. They were followed by IT firm Infosys ( INFY ) and telecommunications operator PLDT ( PHI ) , which were up 1.3% and 0.6%.

The lone decliner from South Asia was telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 1.3%.