10:35 AM EDT, 03/17/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts started off the week sharply higher Monday morning, rising 1.3% to 2,246.1 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive ecommerce platform Cango ( CANG ) and pet-focused retail company Boqii ( BQ ) , which surged 18.4% and 12.7% respectively. They were followed by advertising agency iClick Interactive Asia Group (ICLK) and credit tech platform Qifu Technology ( QFIN ) , which climbed 10% and 8.9% respectively.

The decliners from North Asia were led by mobile big data platform Aurora Mobile ( JG ) and computer hardware maker Canaan (CAN), which fell 6.6% and 5% respectively. They were followed by media companies Phoenix New Media ( FENG ) and 36Kr (KRKR), which were down 3.3% and 2.8% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and tech conglomerate Sea (SE), which rose 4.1% and 2% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and financial services company ICICI Bank ( IBN ) , which were down 1.5% each.

The lone decliner from South Asia was IT firm Wipro ( WIT ) , which was off 0.2%.