10:49 AM EDT, 04/03/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts fell Thursday morning, plummeting 4.2% to 2,069.8 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 mobile app developer Cheetah Mobile ( CMCM ) , which rose 2.2% and 1.7% respectively. They were followed by pharmaceutical company Takeda Pharmaceutical ( TAK ) and ad agency 36Kr (KRKR), which were up 1.6% and 0.9% respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and semiconductor company Himax Technologies ( HIMX ) , which fell 10.5% and 9.8% respectively. They were followed by internet and data center services provider VNET Group ( VNET ) and financial services company Sumitomo Mitsui Financial Group (SMFG), which dropped 9.2% and 8.8% respectively.

From South Asia, the only gainers were pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company HDFC Bank ( HDB ) , which were up 0.6% and 0.5% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and IT firm Infosys ( INFY ) , which fell 13.3% and 5.5% respectively. They were followed by IT firms Wipro ( WIT ) and Sify Technologies ( SIFY ) , which were down 4.7% and 3.2% respectively.