Asian equities traded in the US as American depositary receipts opened the week lower Monday morning, declining 1.09% to 2,313.06 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile app developer Cheetah Mobile (CMCM) and mobile big data platform Aurora Mobile (JG), which rose 5% and 4%, respectively. They were followed by biopharmaceutical company Zai Lab (ZLAB) and financial services company CNFinance (CNF), which were up 3% and 2.8%, respectively.

The decliners from North Asia were led by education company 17 Education & Technology Group (YQ) and fintech firm Maase (MAAS), which lost 5.6% and 3%, respectively. They were followed by solar panel maker JinkoSolar (JKS) and fintech company Qifu Technology (QFIN), which dropped 2.6% and 2.4%, respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK), which increased 2.8%, followed by IT firms Sify Technologies (SIFY) and Infosys (INFY) were up 2% each.

The decliners from South Asia were led by financial services companies HDFC Bank (HDB) and ICICI Bank (IBN), which were down 1.2% and 1.1%, respectively. They were followed by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which fell 1% and 0.5%, respectively.