10:51 AM EST, 01/06/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts kicked off the week sharply higher Monday morning, surging 1.54% to 2,124.09 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 mobile big data platform Aurora Mobile ( JG ) , which advanced 11% and 9.1%, respectively. They were followed by education company 17 Education & Technology Group ( YQ ) and semiconductor company Himax Technologies ( HIMX ) , which rose 9% and 7%, respectively.

The decliners from North Asia were led by used car ecommerce platform Uxin ( UXIN ) and healthcare platform 111 (YI), which fell 7.3% and 3.7%, respectively. They were followed by ad agency iClick Interactive Asia Group ( ICLK ) and automotive ecommerce platform TuanChe ( TC ) 2.6% and 1.7%, respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) and tech conglomerate Sea (SE), which increased 1.3% and 0.7%, respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company ICICI Bank ( IBN ) , which were up 0.6% and 0.5%, respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 1.8%, followed by financial services company HDFC Bank ( HDB ) and IT firm Wipro ( WIT ) , which were off 0.9% and 0.1%, respectively.