10:38 AM EDT, 05/06/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.35% to 2,172.37 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by brand platform Baozun ( BZUN ) and education company 17 Education & Technology Group ( YQ ) , which rose 3.5% and 3.4%, respectively. They were followed by ecommerce fashion platform MOGU ( MOGU ) and polysilicon manufacturer Daqo New Energy ( DQ ) , which were up 3.2% and 3%, respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and used car ecommerce platform Uxin ( UXIN ) , which fell 5.5% and 4.6%, respectively. They were followed by automotive ecommerce platform Token Cat ( TC ) and electric vehicle maker NIO (NIO), which dropped 4.5% and 3%, respectively.

From South Asia, the lone gainer was IT firm Infosys ( INFY ) , which was up 0.5%.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro ( WIT ) , which were down 1.9% and 0.9%, respectively. They were followed by tech conglomerate Sea (SE) and financial services company HDFC Bank ( HDB ) , which were off 0.7% and 0.5%, respectively.