10:28 AM EST, 12/30/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts started the shortened trading week sharply lower Monday morning, falling 1.29% to 2,065.95 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by internet and data center operator VNET Group ( VNET ) and pet-focused platform Boqii ( BQ ) , which climbed 16% and 12% respectively. They were followed by diagnostic imaging centers company Concord Medical Services ( CCM ) and mobile big data platform Aurora Mobile ( JG ) , which rose 5.6% and 4.5% respectively.

The decliners from North Asia were led by automotive ecommerce platform Cango ( CANG ) and computer hardware maker Canaan (CAN), which fell 8.3% and 7% respectively. They were followed by mobile app developer Cheetah Mobile ( CMCM ) and ecommerce brand platform Baozun ( BZUN ) , which dropped 6% and 5.7% respectively.

From South Asia, there were no gainers.

The decliners from South Asia were led by IT firms Sify Technologies ( SIFY ) and Wipro ( WIT ) , which lost 9.2% and 3.2% respectively. They were followed by IT firm Infosys ( INFY ) and tech conglomerate Sea (SE), which were down 2.3% and 1.4% respectively.