10:43 AM EDT, 06/11/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were down sharply in Tuesday morning trading, falling 1.4% to 1,937.86 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by pet-focused platform Boqii ( BQ ) and automotive e-commerce platform TuanChe ( TC ) , which climbed 9.3% and 7.5%, respectively. They were followed by automotive e-commerce platform Cango ( CANG ) and streaming music service Tencent Music Entertainment Group ( TME ) , which rose 3.1% and 2.4%, respectively.

The decliners from North Asia were led by property technology company Fangdd Network Group ( DUO ) , which fell 11%. Diagnostic imaging centers company Concord Medical Services ( CCM ) was also down 8.4%. They were followed by computer hardware maker Canaan (CAN) and online game developer The9 ( NCTY ) , which dropped 7.3% and 6.9%, respectively.

From South Asia, the lone gainer was tech conglomerate Sea (SE), which added 0.4%.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) , which fell 22%, followed by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which lost 2.8% and 2%, respectively. IT company Infosys ( INFY ) was also down 1.2%.