Asian equities traded in the US as American depositary receipts opened the week higher Monday morning, rising 1% to 2,652.6 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company Four Seasons Education (FEDU) and video-sharing platform Bilibili (BILI), which climbed 6.3% and 5.7% respectively. They were followed by brand platform 36Kr (KRKR) and electric vehicle maker NIO (NIO), which increased 5.3% and 3.9% respectively.

The decliners from North Asia were led by automotive marketplace Token Cat (TC) and pet-focused platform Boqii (BQ), which tumbled 10% and 7.9% respectively. They were followed by education company 51Talk Online Education Group (COE) and fintech firm Maase (MAAS), which lost 4% and 0.7% respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Sify Technologies (SIFY), which rose 3.6% and 2% respectively. They were followed by telecommunications operator PLDT (PHI) and IT company Infosys (INFY), which were up 1.1% and 0.6% respectively.

The lone decliner from South Asia was tech conglomerate Sea (SE), which dropped 1.5%.