Asian equities traded in the US as American depositary receipts were higher Thursday morning, rising 0.49% to 2,136.08 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by ecommerce fashion platform MOGU (MOGU) and brand platform 36Kr (KRKR), which climbed 14% and 8.3%, respectively. They were followed by education company 51Talk Online Education Group (COE) and diagnostic imaging centers company Concord Medical Services (CCM), which increased 5.2% and 5.1%, respectively.

The decliners from North Asia were led by online game developer The9 (NCTY) and solar project developer Emeren Group (SOL), which dropped 5.5% and 3.3%, respectively. They were followed by electric vehicle maker NIO (NIO) and consumer lending firm Eason Technology (DXF), which lost 3% and 2.5%, respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE), which rose 2.6%, followed by IT firm Infosys (INFY) and financial services company HDFC Bank (HDB), which were up 0.6% and 0.1%, respectively.

The decliners from South Asia were led by IT firm Sify Technologies (SIFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which fell 2.2% and 1.5%, respectively. They were followed by telecommunications operator PLDT (PHI) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were down 1.4% and 0.7%, respectively.