10:30 AM EST, 03/04/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.50% to 2,138.12 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm Jiayin ( JFIN ) , which surged 31% higher, and polysilicon manufacturer Daqo New Energy ( DQ ) , which rose 7.8%. They were followed by biotech firm Zai Lab ( ZLAB ) and video-sharing site Bilibili ( BILI ) , which increased 5.9% and 3.8% respectively.

The decliners from North Asia were led by automotive e-commerce platform Token Cat ( TC ) and consumer lending firm Eason Technology ( DXF ) , which fell 11% and 6.7% respectively. They were followed by semiconductor company Himax Technologies ( HIMX ) and online game developer The9 ( NCTY ) , which dropped 6.6% and 5.2% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE), which rose 5.9%, followed by telecommunications operator PLDT ( PHI ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.7% and 0.5% respectively.

The decliners from South Asia were led by IT firm Wipro ( WIT ) and financial services company HDFC Bank ( HDB ) , which lost 2% and 1.7% respectively. They were followed by financial services company ICICI Bank ( IBN ) and IT company Infosys ( INFY ) , which were down 1% and 0.8% respectively.