Asian equities traded in the US as American depositary receipts were higher on Friday morning, up 0.23% to 2,995.22 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by wireless telecommunications operator SK Telecom (SKM) and commercial-stage biopharmaceutical company Zai Lab (ZLAB), which advanced 5.7% and 5.6%, respectively. They were followed by hospitality and gaming company Melco Resorts & Entertainment (MLCO) and technology company Tuya (TUYA), which climbed 5.5% and 3.4%, respectively.

The decliners from North Asia were led by VNET (VNET) and GDS (GDS), which fell 4% and 2%, respectively. They were followed by Li Auto (LI), which shed 1.8%.

From South Asia, the gainers were led by tech companies Trident Digital Tech (TDTH) and Infosys (INFY), which rose 8.4% and 3.2% respectively.

The decliners from South Asia were led by ICICI Bank (IBN), which fell 2.2%, followed by HDFC Bank (HDB), which was down 2.1%.