10:33 AM EDT, 07/01/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking marginally lower Tuesday morning, down 0.02% to 2,322.25 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by casino and resort operator Melco Resorts & Entertainment ( MLCO ) and game live-streaming service HUYA ( HUYA ) , which advanced 10% and 9.3%, respectively. They were followed by tech company Xunlei ( XNET ) and electric vehicle maker NIO (NIO), which increased 5.1% and 2.5%, respectively.

The decliners from North Asia were led by healthcare platform 111 (YI) and utilities company Korea Electric Power ( KEP ) , which dropped 4.8% and 3.2%, respectively. They were followed by computer hardware maker Canaan (CAN) and online game developer The9 ( NCTY ) , which were down 2.9% and 2.5%, respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Infosys ( INFY ) , which rose 1.2% and 0.8%, respectively. They were followed by telecommunications operator PLDT ( PHI ) and financial services company HDFC Bank ( HDB ) , which were up 0.3% and 0.2%, respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE), which dropped 2.7%, followed by IT firm Sify Technologies ( SIFY ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were down 1.6% and 0.6%, respectively.