Asian equities traded in the US as American depositary receipts were tracking higher Friday morning, rising 0.24% to 2,505.04 on the S&P Asia 50 ADR Index, which is up 0.70% for the week.

From North Asia, the gainers were led by internet and data center services provider VNET Group (VNET) and automotive marketplace Cango (CANG), which surged 11% and 7.6% respectively. They were followed by polysilicon manufacturer Daqo New Energy (DQ) and healthcare platform 111 (YI), which climbed 7.2% and 6.3% respectively.

The decliners from North Asia were led by fintech firm Jiayin Group (JFIN) and mobile big data platform Aurora Mobile (JG), which fell 3.6% and 3.3% respectively. They were followed by brand platform Baozun (BZUN) and fintech company Pintec Technology (PT), which dropped 2.6% and 2.2% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 1.1% and 1% respectively. They were followed by telecommunications operator PLDT (PHI) and IT firm Wipro (WIT), which were up 0.4% and 0.2% respectively.

The decliners from South Asia were led by financial services companies ICICI Bank (IBN) and HDFC Bank (HDB), which lost 0.4% each. They were followed by IT firms Infosys (INFY) and Sify Technologies (SIFY), which were down 0.3% each.