Asian equities traded in the US as American depositary receipts started the week marginally higher Monday morning, edging up 0.05% to 2,490.86 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by tech company Xunlei (XNET) and streaming service iQIYI (IQ), which surged 20% and 21% respectively. They were followed by game live-streaming platform DouYu International (DOYU) and mobile app developer Cheetah Mobile (CMCM), which advanced 13% and 3.3% respectively.

The decliners from North Asia were led by consumer lending firm Eason Technology (DXF) and financial services company CNFinance (CNF), which shed 16% and 5.7% respectively. They were followed by consumer lending firm LexinFintech (LX) and fintech company Qfin (QFIN), which dropped 4.1% and 3.5% respectively.

From South Asia, the gainers were led by financial services company ICICI Bank (IBN), which was up 0.5%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company HDFC Bank (HDFC ), which rose 0.3% each.

The decliners from South Asia were led by IT firms Infosys (INFY) and Sify Technologies (SIFY), which dropped 1.1% and 1% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which were off 0.7% and 0.1%.