10:37 AM EDT, 07/24/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving sharply lower Wednesday morning, declining 1.49% to 1,953.21 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by online education platform 51Talk Online Education Group ( COE ) and ad agency iClick Interactive Asia Group ( ICLK ) , which climbed 13% and 7%, respectively. They were followed by pet-focused platform Boqii ( BQ ) and automotive ecommerce platform Cango ( CANG ) , which rose 2.9% and 1.5%, respectively.

The decliners from North Asia were led by consumer lending firm Dunxin Financial ( DXF ) and diagnostic imaging centers company Concord Medical Services ( CCM ) , which fell 14% and 8.2%, respectively. They were followed by online game developer The9 ( NCTY ) and property technology company Fangdd Network Group ( DUO ) , which dropped 7.1% and 4.5%, respectively.

From South Asia, the lone gainer was business process management company WNS (WNS), which was up 0.8%.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) and IT firm Sify Technologies ( SIFY ) , which lost 14% and 5.8%, respectively. They were followed by telecommunications company Telekomunikasi Indonesia (TLK) and financial services firm HDFC Bank ( HDB ) , which were down 2.1% and 1.3%, respectively.