10:44 AM EDT, 06/14/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending lower Friday morning, declining 0.9% to 1,933.52 on the S&P Asia 50 ADR Index. The index is down 0.5% for the week so far.

From North Asia, the gainers were led by automotive e-commerce platform Cango ( CANG ) , which rose 7% and online game developer The9 ( NCTY ) , which added 5.1%. They were followed by consumer lending firm Qudian ( QD ) and online education platform 17 Education & Technology Group ( YQ ) , which gained 4.8% and 4.2%, respectively.

The decliners from North Asia were led by property technology company Fangdd Network Group ( DUO ) and microfinance lending company Dunxin Financial ( DXF ) , which fell 12% and 5.6%, respectively. They were followed by biotech firm Zai Lab ( ZLAB ) and polysilicon manufacturer Daqo New Energy ( DQ ) , which were down 4.5% and 4.1%, respectively.

From South Asia, the gainers were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) , which was up 2.2%, followed by IT firm Sify Technologies ( SIFY ) and financial services company ICICI Bank ( IBN ) , which rose 0.5% and 0.3%, respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 2.2%, followed by IT firm Wipro ( WIT ) and business process management company WNS (WNS), which were down 1.3% each. Tech conglomerate Sea (SE) was off 0.8%.