10:48 AM EDT, 06/02/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week slightly lower Monday morning, declining 0.18% to 2,239.86 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive marketplaces Cango ( CANG ) and financial services company CNFinance ( CNF ) , which rose 7% and 6.9% respectively. They were followed by Token Cat ( TC ) and online education company 51Talk Online Education Group ( COE ) , which were up 5.3% and 2.5% respectively.

The decliners from North Asia were led by media company Phoenix New Media ( FENG ) and solar project developer Emeren Group ( SOL ) , which fell 5.5% and 3.6% respectively. They were followed by financial services company Shinhan Financial Group ( SHG ) and thin-film liquid display maker LG Display ( LPL ) , which dropped 3% and 2.8% respectively.

From South Asia, the lone gainer was tech conglomerate Sea (SE), which increased 1.2%.

The decliners from South Asia were led by IT firms Infosys ( INFY ) and Wipro ( WIT ) , which were down 0.6% and 0.5% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company ICICI Bank ( IBN ) , which were off 0.4% and 0.2%, respectively.