10:29 AM EST, 02/04/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were sharply higher Tuesday morning, rising 1.69% to 2,157.80 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies ( HIMX ) and consumer lending company Eason Technology ( DXF ) , which climbed 14% and 11% respectively. They were followed by mobile big data platform Aurora Mobile ( JG ) and video-sharing platform Bilibili ( BILI ) , which advanced 8.3% and 6.4% respectively.

The decliners from North Asia were led by education company 17 Education & Technology Group ( YQ ) and automotive ecommerce platform TuanChe ( TC ) , which fell 7.3% and 3% respectively. They were followed by computer hardware maker Canaan (CAN) and education company Four Seasons Education ( FEDU ) , which dropped 2.5% and 2.4% respectively.

From South Asia, the gainers were led by IT company Sify Technologies ( SIFY ) and financial services company HDFC Bank ( HDB ) , which rose 3.5% and 2.3% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 2% and 1.7% respectively.

The lone decliner from South Asia was telecommunications operator PLDT ( PHI ) , which was off 0.1%.