Asian equities traded in the US as American depositary receipts kicked off the week higher Monday morning, rising 0.35% to 2,515.25 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by polysilicon manufacturer Daqo New Energy (DQ) and used car marketplace Uxin (UXIN), which rose 4.2% and 9.2% respectively. They were followed by online brokerage UP Fintech (TIGR), which was up 5%.
The decliners from North Asia were led by brand platform 36Kr (KRKR) and financial services company CNFinance (CNF), which shed 4.8% and 1.3% respectively. They were followed by internet and data center services provider VNET Group (VNET) and utilities company Korea Electric Power (KEP), which fell 5.7% and 2.4% respectively.
From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT company Sify Technologies (SIFY), which increased 2.1% and 2.5% respectively. They were followed by tech conglomerate Sea (SE) and IT firm Wipro (WIT), which advanced 2% and 0.5% respectively.
The only decliners from South Asia were financial services companies HDFC Bank (HDB) and ICICI Bank (IBN), which were off 0.3% and 0.3% respectively.
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