10:50 AM EDT, 03/10/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were heading lower Monday morning, falling 2.75% to 2,159.59 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company Four Seasons Education ( FEDU ) and advertising agency iClick Interactive Asia Group Limited ( ICLK ) , which rose 3.7% and 2.1%, respectively. They were followed by ecommerce fashion platform MOGU ( MOGU ) and NIO (NIO), which were up 2% and 1.9%, respectively.

The decliners from North Asia were led by semiconductor company Himax Technologies ( HIMX ) and computer hardware maker Canaan (CAN), which fell 9% and 8.7%, respectively. They were followed by video-sharing site Bilibili ( BILI ) and online brokerage UP Fintech ( TIGR ) , which dropped 7.3% and 5.1%, respectively.

From South Asia, the lone gainer was telecommunications operator PLDT ( PHI ) , which was up 0.6%.

The decliners from South Asia were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which lost 6.2% and 2.2%, respectively. They were followed by IT firms Wipro ( WIT ) and Sify Technologies ( SIFY ) , which were down 1.1% and 1%, respectively.