Asian equities traded in the US as American depositary receipts closed out the week lower Friday morning, declining 2.2% to 2 675,77 on the S&P Asia 50 ADR Index, which was down 2.5% for the week.

From North Asia, the gainers were led by computer hardware maker Canaan (CAN), which climbed 1.6%. They were followed by fintech firm Maase (MAAS) and thin-film liquid display manufacturer LG Display (LPL), which advanced 0.3% and 0.6% respectively.

The decliners from North Asia were led by solar panel maker JinkoSolar (JKS) and fintech company Pintec Technology (PT), which fell 4.4% and 4.3% respectively. They were followed by lenders Nomura (NMR) and CNFinance (CNF), which dropped 4.8% and 12% respectively.

From South Asia, the gainers were led by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 1.8% and 1.3% respectively. They were followed by lender HDFC Bank (HDB) and telecommunications operator Telekomunikasi Indonesia (TLK), which were up 0.8% and 1.4% each.

The lone decliner from South Asia was IT firm Infosys (INFY), which was off 2.1%.