10:36 AM EDT, 04/29/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were higher Tuesday morning, rising 0.67% to 2,123.00 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and solar project developer Emeren Group ( SOL ) , which climbed 8.2% and 5.4% respectively. They were followed by media company Phoenix New Media ( FENG ) and internet and data center services provider VNET ( VNET ) , which advanced 5.2% and 2.7% respectively.

The decliners from North Asia were led by polysilicon manufacturer Daqo New Energy ( DQ ) and ecommerce fashion platform MOGU ( MOGU ) , which fell 11.8% and 8.7% respectively. They were followed by solar panel maker JinkoSolar ( JKS ) and education company 17 Education & Technology Group ( YQ ) , which dropped 5% each.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 0.8% and 0.7% respectively. They were followed by IT firms Infosys ( INFY ) and Wipro ( WIT ) , which were up 0.7% and 0.2% respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company HDFC Bank ( HDB ) , which were down 0.7% and 0.1%, respectively. They were followed by telecommunications operator PLDT ( PHI ) , which edged 0.7% lower.