10:50 AM EDT, 05/07/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking lower Wednesday morning, declining 0.50% to 2,157.92 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive marketplace Token Cat ( TC ) and brand platform Baozun ( BZUN ) , which climbed 8.2% and 6.8%, respectively. They were followed by financial services company Eason Technology ( DXF ) and used car ecommerce platform Uxin ( UXIN ) , which rose 3% and 1.8% respectively.

The decliners from North Asia were led by internet and data center services provider VNET Group ( VNET ) and fintech firm Jiayin Group ( JFIN ) , which dropped 6.2% and 4%, respectively. They were followed by game live-streaming service HUYA ( HUYA ) and tech company Baidu ( BIDU ) , which fell 3.8% and 4%.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which increased 1.2% and 0.8% respectively. They were followed by financial services company ICICI Bank ( IBN ) and financial services company HDFC Bank ( HDB ) , which were up 0.4% and 0.1% respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT company Wipro ( WIT ) , which lost 2.6% and 1.6% respectively. They were followed by telecommunications operator PLDT ( PHI ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were down 0.2% and 0.3%, respectively.