10:40 AM EST, 02/25/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were marginally lower Tuesday morning, edging down 0.03% to 2,195.43 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by online discount retailer Vipshop ( VIPS ) and social media platform JOYY ( YY ) , which rose 5.4% and 5.2% respectively. They were followed by fintech company Pintec Technology ( PT ) and utilities company Korea Electric Power ( KEP ) , which were up 4.1% and 3.3% respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and automotive e-commerce platform Cango ( CANG ) , which shed 14% and 10% respectively. They were followed by consumer lending firm Eason Technology ( DXF ) and tech company Xunlei ( XNET ) , which dropped 8.9% and 7.2% respectively.

From South Asia, the only gainers were financial services companies HDFC Bank ( HDB ) and ICICI Bank ( IBN ) , which were up 0.03% and 0.02% respectively.

The decliners from South Asia were led by IT company Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which lost 9.9% and 4.9% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which lost 4.5% and 2.3% respectively.