10:37 AM EDT, 05/22/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Thursday morning, declining 0.36% to 2,239.08 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile big data platform Aurora Mobile ( JG ) and fintech firm Highest Performances ( MAAS ) , which rose 4.8% and 4.4% respectively. They were followed by education company 51Talk Online Education Group ( COE ) and automotive marketplace Cango ( CANG ) , which were up 3.4% and 2.9% respectively.

The decliners from North Asia were led by solar project developer Emeren Group ( SOL ) and mobile app developer Cheetah Mobile ( CMCM ) , which dropped 5.6% and 5.4% respectively. They were followed by internet and data center services provider VNET Group ( VNET ) and automotive marketplace Token Cat ( TC ) , which lost 4.1% and 3.7% respectively.

From South Asia, the only gainers were IT firm Sify Technologies ( SIFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which advanced 6.7% and 2.6% respectively.

The decliners from South Asia were led by telecommunications operator PLDT ( PHI ) and IT firm Wipro ( WIT ) , which fell 1.7% and 1.6% respectively. They were followed by tech conglomerate Sea (SE) and IT company Infosys (INFY), which were down 0.7% each.