10:38 AM EST, 11/11/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts opened the week tracking lower Monday morning, with the S&P Asia 50 ADR Index declining 0.62% to 2,078.12.

From North Asia, the gainers were led by tech company Canaan (CAN) and automotive ecommerce platform Cango ( CANG ) , which surged 36% and 12%, respectively. They were followed by online game developer The9 ( NCTY ) and ad agency iClick Interactive Asia Group ( ICLK ) , which climbed 8.8% and 7.8%, respectively.

The decliners from North Asia were led by media company Phoenix New Media ( FENG ) and mobile big data platform Aurora Mobile ( JG ) , which fell 8.7% and 7.6%, respectively. They were followed by ecommerce fashion platform MOGU ( MOGU ) and semiconductor company Himax Technologies ( HIMX ) , which dropped 4.4% and 3%, respectively.

From South Asia, the only gainers were tech conglomerate Sea (SE) and IT firm Infosys ( INFY ) , which were up 3% and 1%, respectively.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) and telecommunications operator Telekomunikasi Indonesia (TLK), which lost 2.2% and 1.4%, respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT ( PHI ) , which were off 0.3% and 0.04%, respectively.