10:42 AM EDT, 09/05/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving moderately higher Thursday morning, rising 0.73% to 1,926.74 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and electric vehicle maker NIO (NIO), which climbed 8% and 5.2%, respectively. They were followed by solar panel maker JinkoSolar ( JKS ) and pet-focused platform Boqii ( BQ ) , which rose 4.9% and 4.2%, respectively.

The decliners from North Asia were led by education company 17 Education & Technology Group ( YQ ) and ecommerce fashion platform MOGU ( MOGU ) , which fell 6.7% and 4.6%, respectively. They were followed by financial services company CNFinance ( CNF ) and used car ecommerce platform Uxin ( UXIN ) , which dropped 4.4% and 3.1%, respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and IT firm Wipro ( WIT ) , which increased 1% and 0.7%, respectively. They were followed by IT firm Infosys ( INFY ) and financial services company HDFC Bank ( HDB ) , which nudged 0.2% and 0.1% higher, respectively.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which lost 8.1% and 2.5%, respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and financial services company ICICI Bank ( IBN ) , which were off 0.9% and 0.8%, respectively.