10:48 AM EDT, 04/01/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.3% to 2,152.9 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by consumer lending firm LexinFintech ( LX ) and electric vehicle maker NIO (NIO), which rose 3.4% and 3.3% respectively. They were followed by biotech firm Zai Lab ( ZLAB ) , which was up 2.9%.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and internet and data center services provider VNET Group ( VNET ) , which fell 8.2% and 5.1% respectively. They were followed by education company 17 Education & Technology Group ( YQ ) and Four Seasons Education ( FEDU ) , which dropped 4.7% and 3.1%, respectively.

From South Asia, the gainers were IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which added 2.8% and 2%, respectively, followed by telecommunications operator Telekomunikasi Indonesia (TLK), which increased 0.8%.

The decliners from South Asia were led by IT firm Infosys ( INFY ) and financial services company HDFC Bank ( HDB ) , which lost 2.8% and 2.3% respectively. They were followed by financial services company ICICI Bank ( IBN ) , which was down 1.1%.