10:48 AM EDT, 05/27/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the shortened trading week higher Tuesday morning, rising 0.81% to 2,263.43 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and technology company Xunlei ( XNET ) , which climbed 11% and 8.1% respectively. They were followed by casino and resort operator Melco Resorts & Entertainment ( MLCO ) and fintech firm Jiayin Group ( JFIN ) , which rose 5.2% and 4.9% respectively.

The decliners from North Asia were led by financial services company CNFinance ( CNF ) and consumer lending firm LexinFintech ( LX ) , which fell 6.8% and 5.6% respectively. They were followed by media company Phoenix New Media ( FENG ) and automotive marketplace Token Cat ( TC ) , which dropped 4.8% and 3.7% respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which increased 3.2% and 2.9% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Sify Technologies ( SIFY ) , which were up 2.6% each.

The only decliners from South Asia were financial services companies ICICI Bank ( IBN ) and HDFC Bank ( HDB ) , which were down 0.5% and 0.3% respectively.