Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.60% to 2,699.18 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile big data platform Aurora Mobile (JG) and utilities company Korea Electric Power (KEP), which rose 6.3% and 5.6% respectively. They were followed by internet and data center services provider VNET Group (VNET) and pet-focused platform Boqii (BQ), which were up 5.5% and 4% respectively.

The decliners from North Asia were led by media company Phoenix New Media (FENG) and semiconductor company ASE Technology (ASX), which fell 3.5% and 2.3% respectively. They were followed by computer hardware maker Canaan (CAN) and education company 17 Education & Technology Group (YQ), which were down 1.9% and 1.8% respectively.

From South Asia, the gainers were led by telecommunications operator PLDT (PHI) and IT firm Wipro (WIT), which advanced 5% and 2.1% respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which increased 1.9% and 1.4% respectively.

The only decliners from South Asia were IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which lost 5.1% and 4.8% respectively.