10:39 AM EST, 01/02/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were tracking higher Thursday morning, rising 0.45% to 2,072.87 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by automotive ecommerce platform Cango ( CANG ) and computer hardware maker Canaan (CAN), which climbed 14.6% and 9.3% respectively. They were followed by advertising agency iClick Interactive Asia Group ( ICLK ) and online game developer The9 ( NCTY ) , which advanced 9.3% and 3.2% respectively.

The decliners from North Asia were led by biopharmaceutical company Zai Lab ( ZLAB ) and travel company Tuniu ( TOUR ) , which fell 4.2% and 1% respectively. They were followed by automotive ecommerce platform TuanChe ( TC ) and brand platform 36Kr (KRKR), which dropped 7.1% and 4.6% respectively.

From South Asia, the gainers were led by IT firms Sify Technologies ( SIFY ) and Infosys ( INFY ) , which increased 4.2% and 3.2% respectively. They were followed by IT firm Wipro ( WIT ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 1.6% and 0.7% respectively.

The only decliners from South Asia were tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were down 1.2% and 0.3% respectively.