10:40 AM EST, 01/13/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week on a down note Monday morning, declining 0.76% to 2,021.59 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by consumer lending firm LexinFintech ( LX ) and mobile app developer Cheetah (CMCM), which rose 5% and 3.2%, respectively. They were followed by fintech firm Pintec Technology ( PT ) and social media video platform JOYY ( YY ) , which were up 3% and 2.9%, respectively.

The decliners from North Asia were led by pet-focused platform Boqii (BQ) and computer hardware maker Canaan (CAN), which fell 12% and 9.3%, respectively. They were followed by healthcare platform 111 (YI) and automotive ecommerce platform TuanChe ( TC ) , which dropped 7% and 5.2%, respectively.

From South Asia, the lone gainer was IT firm Sify Technologies ( SIFY ) , which was up 2.7%.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which lost 3.3% and 3%, respectively. They were followed by telecommunications operator PLDT ( PHI ) and financial services company HDFC Bank ( HDB ) , which were down 2.7% and 1%, respectively.