10:38 AM EDT, 09/03/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending lower Wednesday morning, declining 0.23% to 2,475.82 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company Four Seasons Education ( FEDU ) and pet-focused platform Boqii ( BQ ) , which climbed 23% and 6.2% respectively. They were followed by automotive platform Token Cat ( TC ) and game live-streaming service HUYA ( HUYA ) , which advanced 4.2% and 3.8% respectively.

The decliners from North Asia were led by financial services company CNFinance (CNF) and electric vehicle maker NIO (NIO), which lost 11.8% and 6% respectively. They were followed by education company 17 Education & Technology Group ( YQ ) and financial services company Mitsubishi UFJ Financial Group ( MUFG ) , which dropped 2.8% and 2.2% respectively.

From South Asia, the gainers were led by financial services company HDFC Bank ( HDB ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 0.9% and 0.5% respectively. They were followed by telecommunications operator PLDT ( PHI ) and financial services company ICICI Bank ( IBN ) , which were up 0.4% and 0.3% respectively.

The decliners from South Asia were led by IT firms Infosys ( INFY ) , which was down 2.2%. They were followed by IT company Wipro ( WIT ) and tech conglomerate Sea (SE), which were off 0.1% and 0.2%, respectively.