10:36 AM EST, 02/11/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending slightly lower Tuesday morning, declining 0.17% to 2,188.51 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies ( HIMX ) and e-commerce company Alibaba Group ( BABA ) , which rose 4% and 2.3% respectively. They were followed by pet-focused platform Boqii ( BQ ) and advertising agency iClick Interactive Asia Group ( ICLK ) , which were up 2% and 1.7% respectively.

The decliners from North Asia were led by online education company 51Talk Online Education Group ( COE ) and media company Phoenix New Media ( FENG ) , which fell 7.5% and 5.5% respectively. They were followed by mobile app developer Cheetah Mobile ( CMCM ) and automotive e-commerce platform Cango ( CANG ) , which were down 5.1% and 4.8% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies ( SIFY ) , which increased 1.2%, followed by financial services company ICICI Bank ( IBN ) and IT firm Infosys ( INFY ) , which were up 0.8% and 0.1% respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Wipro ( WIT ) , which dropped 1.8% and 0.9% respectively. They were followed by telecommunications operator PLDT ( PHI ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.8% and 0.5% respectively.