10:45 AM EST, 03/03/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week higher Monday morning, rising 0.68% to 2,194.86 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company Four Seasons Education ( FEDU ) and consumer lending firm Eason Technology ( DXF ) , which rose 26% and 7.6%, respectively. They were followed by pet-focused platform Boqii ( BQ ) and casino and resort operator Melco Resorts & Entertainment ( MLCO ) , which climbed 6.7% and 6%, respectively.

The decliners from North Asia were led by internet and data center services provider VNET Group ( VNET ) and biotech firm Zai Lab ( ZLAB ) , which fell 21% and 6.5%, respectively. They were followed by electric vehicle maker NIO (NIO) and mobile app developer Cheetah Mobile ( CMCM ) , which lost 4.6% and 4.5% respectively.

From South Asia, the gainers were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT ( PHI ) , which rose 2.7% and 1.5%, respectively. They were followed by IT firm Wipro ( WIT ) and financial services company ICICI Bank ( IBN ) , which were up 0.9% and 0.5% respectively.

The only decliners from South Asia were IT firms Sify Technologies (SIFY) and Infosys ( INFY ) , which were off 0.9% and 0.3%, respectively.