10:36 AM EDT, 04/09/2026 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were sharply lower Thursday morning, falling 1.88% to 2,715.43 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile app developer Cheetah Mobile ( CMCM ) and education company 17 Education & Technology Group ( YQ ) , which rose 4.1% and 2.8% respectively. They were followed by travel company Tuniu ( TOUR ) and brand platform 36Kr (KRKR), which were up 2.6% and 1.9% respectively.

The decliners from North Asia were led by fashion platform MOGU ( MOGU ) and fintech firm Jiayin Group ( JFIN ) , which fell 5.6% and 5.1% respectively. They were followed by video display maker LG Display ( LPL ) and tech company Baidu ( BIDU ) , which were down 3.7% and 3.5% respectively.

From South Asia, the lone gainer was IT firm Sify Technologies ( SIFY ) , which edged 0.2% higher.

The decliners from South Asia were led by IT firm Infosys ( INFY ) and tech conglomerate Sea (SE), which dropped 2.3% and 2.2% respectively. They were followed by lender HDFC Bank ( HDB ) and IT firm Wipro ( WIT ) , which lost 1.5% and 1% respectively.