10:57 AM EDT, 09/16/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving lower Monday morning, declining 0.57% to 1,926.62 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 online game developer The9 Limited ( NCTY ) , which rose 7.7% and 4.4% respectively. They were followed by media company Phoenix New Media ( FENG ) and mobile app developer Cheetah Mobile ( CMCM ) , which were up 5% and 4% respectively.

The decliners from North Asia were led by financial services company Dunxin Financial ( DXF ) and polysilicon manufacturer Daqo New Energy ( DQ ) , which fell 34.3% and 5.3% respectively. They were followed by property technology company Fangdd Network Group ( DUO ) , which dropped 8.7%.

From South Asia, the only gainers were financial services company ICICI Bank ( IBN ) and telecommunications operator PLDT ( PHI ) , which were up 1.4% and 0.2% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and IT firm Sify Technologies ( SIFY ) , which dropped 2.1% and 1.7% respectively. They were followed by pharmaceutical Dr. Reddy's Laboratories (RDY), which was off 1%.