10:35 AM EDT, 10/15/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts surged higher Wednesday morning, rising 1.58% to 2,710.28 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company 17 Education & Technology Group ( YQ ) and tech company Xunlei ( XNET ) , which rose 6% and 5.1%, respectively. They were followed by semiconductor companies ASE Technology ( ASX ) and Silicon Motion Technology ( SIMO ) , which were up 4.7% and 4.1%, respectively.

The decliners from North Asia were led by used car platform Uxin ( UXIN ) and fintech firm Pintec Technology ( PT ) , which fell 3.5% and 2.3%, respectively. They were followed by media company Phoenix New Media ( FENG ) and fintech company AMTD Digital ( HKD ) , which lost 1.1% and 0.7%, respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which advanced 1.8% and 1.6%, respectively. They were followed by lenders HDFC Bank ( HDB ) and ICICI Bank ( IBN ) , which increased 1.4% and 1.3%, respectively.

The lone decliner from South Asia was IT firm Sify Technologies ( SIFY ) , which dropped 7%.