Asian equities traded in the US as American depositary receipts opened the week lower Monday morning, declining 0.7% to 2,706.91 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company ASE Technology (ASX), which rose 2.4%, followed by mobile data platform Aurora Mobile (JG) and automotive marketplace Cango (CANG), which were up 1% and 0.6%, respectively.

The decliners from North Asia were led by mobile app developer Cheetah Mobile (CMCM) and fintech firm Qfin (QFIN), which fell 6.7% and 5% respectively. They were followed by fintech company LexinFintech (LX) and computer hardware maker Canaan (CAN), which were down 4.8% and 3.2% respectively.

From South Asia, the lone gainer was tech conglomerate Sea (SE), which increased 2%.

The decliners from South Asia were led by IT companies Infosys (INFY) and Wipro (WIT), which dropped 2.3% and 1.4% respectively. They were followed by lender ICICI Bank (IBN) and telecommunications operator Telekomunikasi Indonesia (TLK), which lost 0.8% and 0.6% respectively.