10:33 AM EDT, 10/20/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving sharply higher Monday morning, rising 1.08% to 2,723.44 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and automotive marketplace Cango ( CANG ) , which advanced 29% and 6.4%, respectively. They were followed by education company 17 Education & Technology Group ( YQ ) and internet and data center services provider VNET Group ( VNET ) , which climbed 4.6% and 4.5%, respectively.
The decliners from North Asia were led by diagnostic imaging centers company Concord Medical Services ( CCM ) and consumer lending firm Eason Technology ( DXF ) , which lost 8.6% and 2.6%, respectively. They were followed by utilities company Korea Electric Power ( KEP ) and fintech firm Jiayin Group ( JFIN ) , which dropped 2.5% and 1.9%, respectively.
From South Asia, the gainers were led by tech conglomerate Sea (SE), which rose 2.8%. It was followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys ( INFY ) , which were up 1.5% and 1.1%, respectively.
The decliners from South Asia were led by lender ICICI Bank ( IBN ) , which fell 3.5%, followed by telecommunications operator PLDT ( PHI ) and IT firm Wipro ( WIT ) , which were off 0.8% and 0.2%, respectively.