10:30 AM EST, 01/15/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending sharply higher Wednesday morning, rising 1.54% to 2,070.46 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies ( HIMX ) and solar project developer Emeren Group ( SOL ) , which climbed 15% and 11% respectively. They were followed by online game developer The9 ( NCTY ) and computer hardware maker Canaan (CAN), which advanced 7.6% and 7.5% respectively.

The decliners from North Asia were led by fintech company Pintec Technology ( PT ) and ecommerce fashion platform MOGU ( MOGU ) , which fell 3.9% and 2.7% respectively. They were followed by thin-film liquid display maker LG Display ( LPL ) and travel company Tuniu (TOUR), which dropped 2.6% each.

From South Asia, the gainers were led by IT company Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which rose 3.4% and 1.4% respectively. They were followed by IT company Infosys ( INFY ) and financial services company HDFC Bank ( HDB ) , which were up 1% and 0.9% respectively.

The only decliners from South Asia were telecommunications operator PLDT ( PHI ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were down 0.5% each.