Asian equities traded in the US as American depositary receipts were headed lower Thursday morning, declining 0.76% to 2,755.38 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by pet-focused platform Boqii (BQ) and fintech firm Pintec Technology (PT), which climbed 10% and 6.4%, respectively. They were followed by biopharmaceutical company Zai Lab (ZLAB) and fintech company Jiayin Group (JFIN), which increased 3.4% and 3.3%, respectively.

The decliners from North Asia were led by online entertainment company Bilibili (BILI) and polysilicon manufacturer Daqo New Energy (DQ), which fell 5.1% and 4.8%, respectively. They were followed by pharmaceutical company Takeda Pharmaceutical Company (TAK) and thin-film liquid display maker LG Display (LPL), which were down 4.3% and 4.1%, respectively.

From South Asia, the only gainers were pharmaceutical company Dr. Reddy's Laboratories (RDY) and telecommunications operator PLDT (PHI), which were up 0.8% and 0.6%, respectively.

The decliners from South Asia were led by IT firm Sify Technologies (SIFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which dropped 2.8% and 2.3%, respectively. They were followed by Infosys IT firm (INFY) and lender HDFC Bank (HDB), which lost 1.3% and 1.1%, respectively.