Asian equities traded in the US as American depositary receipts kicked off the trading week on a strong note Monday morning, rising 1.14% to 2,400.71 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by diagnostic imaging centers company Concord Medical Services (CCM) and fintech firm LexinFintech (LX), which advanced 81% and 13%, respectively. They were followed by game live-streaming service HUYA (HUYA) and electric vehicle maker NIO (NIO), which climbed 11% and 5.3%, respectively.

The decliners from North Asia were led by internet and data center services provider VNET Group (VNET) and consumer lending firm Eason Technology (DXF), which lost 6.8% and 3.3%, respectively. They were followed by online game developer The9 (NCTY) and fintech firm Qifu Technology (QFIN), which were down 2.1% each.

From South Asia, the gainers were led by financial services companies HDFC Bank (HDB) and ICICI Bank (IBN), which rose 3.9% and 3.6%, respectively. They were followed by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which were up 1.8% and 1.3%, respectively.

The only decliners from South Asia were tech conglomerate Sea (SE) and IT firm Wipro (WIT), which dropped 7.3% and 1.3%, respectively.