10:43 AM EDT, 05/28/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week modestly lower Tuesday morning, declining 0.19% to 1,947.18 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by pet-focused platform Boqii ( BQ ) and e-commerce brand platform Baozun ( BZUN ) , which climbed 13% and 10% respectively. They were followed by automotive e-commerce platforms Cango ( CANG ) and Uxin ( UXIN ) , which advanced 9.9% and 8.5% respectively.

The decliners from North Asia were led by mobile app developer Cheetah Mobile ( CMCM ) and online game developer The9 ( NCTY ) , which fell 5.9% and 4.8% respectively. They were followed by solar project developer Emeren Group ( SOL ) and mobile big data platform Aurora Mobile ( JG ) , which dropped 4.1% each.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) , which rose 3.7%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company HDFC Bank ( HDB ) , which were up 2% and 0.1% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and biotech firm ASLAN Pharmaceuticals ( ASLN ) , which lost 6.4% and 2% respectively. They were followed by financial services company ICICI Bank ( IBN ) and IT firm Wipro ( WIT ) , which dropped 1.4% and 1.2% respectively.