10:29 AM EDT, 05/19/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week modestly lower Monday morning, declining 0.22% to 2,239.36 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by education company Four Seasons Education ( FEDU ) and diagnostic imaging centers company Concord Medical Services ( CCM ) , which climbed 8.7% and 7.3%, respectively. They were followed by biotech firm Zai Lab ( ZLAB ) and utilities company Korea Electric Power ( KEP ) , which were up 4.2% and 3.9%, respectively.
The decliners from North Asia were led by pet-focused platform Boqii ( BQ ) and media company Phoenix New Media ( FENG ) , which fell 7.4% and 5.2%, respectively. They were followed by video-sharing platform Bilibili ( BILI ) and computer hardware maker Canaan (CAN), which dropped 4.6% and 3%, respectively.
From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which rose 3.1% and 0.6%, respectively. They were followed by financial services company HDFC Bank ( HDB ) and IT firm Infosys ( INFY ) , which increased 0.4% and 0.3%, respectively.
The decliners from South Asia were led by telecommunications operator PLDT ( PHI ) , which lost 1.3%, followed by IT companies Wipro ( WIT ) and Sify Technologies ( SIFY ) , which were off 0.5% and 0.4%, respectively.