Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.35% to 2,172.37 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by brand platform Baozun (BZUN) and education company 17 Education & Technology Group (YQ), which rose 3.5% and 3.4%, respectively. They were followed by ecommerce fashion platform MOGU (MOGU) and polysilicon manufacturer Daqo New Energy (DQ), which were up 3.2% and 3%, respectively.
The decliners from North Asia were led by computer hardware maker Canaan (CAN) and used car ecommerce platform Uxin (UXIN), which fell 5.5% and 4.6%, respectively. They were followed by automotive ecommerce platform Token Cat (TC) and electric vehicle maker NIO (NIO), which dropped 4.5% and 3%, respectively.
From South Asia, the lone gainer was IT firm Infosys (INFY), which was up 0.5%.
The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Wipro (WIT), which were down 1.9% and 0.9%, respectively. They were followed by tech conglomerate Sea (SE) and financial services company HDFC Bank (HDB), which were off 0.7% and 0.5%, respectively.
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