10:56 AM EDT, 05/14/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were trending modestly higher Tuesday morning, rising 0.36% to 1,911.18 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm AMTD Digital ( HKD ) and game live-streaming service HUYA ( HUYA ) , which climbed 23% and 11%, respectively. They were followed by ecommerce fashion platform MOGU ( MOGU ) and used car ecommerce platform Uxin ( UXIN ) , which advanced 10% each.

The decliners from North Asia were led by ecommerce company Alibaba Group ( BABA ) and property technology company Fangdd Network Group ( DUO ) , which lost 7.3% and 6.3%, respectively. They were followed by automotive ecommerce platform TuanChe ( TC ) and ecommerce brand platform Baozun ( BZUN ) , which dropped 2.9% each.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and business process management company WNS (WNS), which rose 3.2% and 1%, respectively. They were followed by IT firm Wipro ( WIT ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.8% each.

The decliners from South Asia were led by biotech firm ASLAN Pharmaceuticals ( ASLN ) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which fell 1.5% and 0.9%, respectively. They were followed by IT firm Sify Technologies ( SIFY ) and financial services company HDFC Bank ( HDB ) , which were down 0.8% and 0.4%, respectively.