10:29 AM EDT, 06/03/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts kicked off the week on a positive note in Monday morning, rising 0.74% to 1,936.11 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 internet and data center service provider VNET Group ( VNET ) , which climbed 18% and 9.8%, respectively. They were followed by online game developer The9 ( NCTY ) and solar project developer Emeren Group ( SOL ) , which rose 5.6% and 5%, respectively.

The decliners from North Asia were led by property technology company Fangdd Network Group ( DUO ) and game live-streaming platform HUYA ( HUYA ) , which dropped 5.1% and 3.1%, respectively. They were followed by online brokerage UP Fintech ( TIGR ) and streaming music service Tencent Music Entertainment Group ( TME ) , which each fell 2.8%.

From South Asia, the gainers were led by financial services companies ICICI Bank ( IBN ) and HDFC Bank ( HDB ) , which increased 5.2% and 4.3%, respectively. They were followed by IT firm Wipro ( WIT ) and tech conglomerate Sea (SE), which were up 1.7% and 1.4%, respectively.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which were down 2.3% and 1.5%, respectively. They were followed by business process management company WNS (WNS) and biotech firm ASLAN Pharmaceuticals ( ASLN ) , which lost 1.2% and less than 0.1%, respectively.