10:33 AM EDT, 09/26/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were soaring Thursday after China unveiled its stimulus package, advancing 3.91% to 2,126.76 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by property technology firm Fangdd Network Group ( DUO ) , which jumped 118%, while used car e-commerce platform Uxin ( UXIN ) and online video streaming service iQIYI (IQ) advanced 16% each. Music streaming service Tencent Music Entertainment Group ( TME ) climbed 14% higher.

There were no decliners from North Asia.

From South Asia, the gainers were led by IT firms Wipro ( WIT ) and Infosys ( INFY ) , which rose 2.4% and 2.2% respectively. They were followed by tech conglomerate Sea (SE) and business process management company WNS (WNS), which were up 1.7% and 1.5% respectively.

The only decliners from South Asia were IT firm Sify Technologies ( SIFY ) and financial services company HDFC Bank ( HDB ) , which dropped 2.4% and 1.7% respectively.