10:36 AM EST, 11/12/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving sharply lower Tuesday morning, falling 1.36% to 2,049.72 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by pet-focused platform Boqii ( BQ ) and fintech company Pintec Technology ( PT ) , which climbed 7.2% and 4.4% respectively. They were followed by online game developer Gravity (GRVY) and mobile healthcare platform 111 (YI), which rose 2% and 1.5% respectively.

The decliners from North Asia were led by music streaming service Tencent Music Entertainment Group ( TME ) and biotech firm Zai Lab ( ZLAB ) , which lost 9% and 8.9% respectively. They were followed by consumer lending firm LexinFintech ( LX ) and biopharmaceutical company BeiGene ( BGNE ) , which dropped 8.1% and 7% respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE), which shed 16%, followed by IT firms Sify Technologies ( SIFY ) and Infosys ( INFY ) , which were down 2.3% and 0.3% respectively.

The decliners from South Asia were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which fell 4.5% and 3% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY), which was off 1.3%.