10:51 AM EDT, 07/16/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were lower Wednesday morning, declining 1.0% to 2,329.40 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services (CCM) and computer hardware maker Canaan (CAN), which climbed 16% and 7.6%, respectively. They were followed by brand platform Baozun ( BZUN ) and online game developer The9 ( NCTY ) , which advanced 7.4% and 3.9%, respectively.

The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and ecommerce company Baidu ( BIDU ) , which fell 9% and 7.1%, respectively. They were followed by electric vehicle maker NIO (NIO) and online brokerage UP Fintech ( TIGR ) , which dropped 5.1% and 4%, respectively.

From South Asia, the gainers were led by IT firms Sify Technologies ( SIFY ) and Wipro ( WIT ) , which rose 7.1% and 1.9%, respectively. They were followed by IT company Infosys ( INFY ) and tech conglomerate Sea (SE), which were up 0.9% and 0.4%, respectively.

The decliners from South Asia were led by financial services company ICICI Bank ( IBN ) , which lost 0.3%. It was followed by financial services company HDFC Bank ( HDB ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.1% each.