Asian equities traded in the US as American depositary receipts were edging higher Thursday morning, rising 0.11% to 3,043.54 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by internet and data center services provider VNET Group (VNET) and online game developer Gravity (GRVY), which rose 6.1% and 5%, respectively. They were followed by automotive marketplace Token Cat (TC) and lender Shinhan Financial Group (SHG), which were up 4.8% and 4.5%, respectively.

The decliners from North Asia were led by casino and resort operator Melco Resorts & Entertainment (MLCO) and semiconductor company Himax Technologies (HIMX), which fell 8.2% and 6.8%, respectively. They were followed by music streaming service Tencent Music Entertainment Group (TME) and game live-streaming service HUYA (HUYA), which were down 6% and 5%, respectively.

From South Asia, the lone gainer was lender ICICI Bank (IBN), which increased 1.4%.

The decliners from South Asia were led by IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which dropped 1.3% and 1.1%, respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.5% and 0.1%, respectively.