Asian equities traded in the US as American depositary receipts were tracking modestly higher Tuesday morning, rising 0.15% to 2,965.64 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 The9 (NCTY), which climbed 12% and 6.2% respectively. They were followed by semiconductor company ASE Technology (ASX) and computer hardware maker Canaan (CAN), which advanced 6% and 5.2% respectively.

The decliners from North Asia were led by consumer lender Eason Technology (DXF) and game live-streaming service DouYu International (DOYU), which lost 7.7% and 4.2% respectively. They were followed by game live-streaming service HUYA (HUYA) and pet-focused platform Boqii (BQ), which fell 3.5% and 3.4% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY), which rose 9%, followed by telecommunications operator PLDT (PHI) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.7% and 0.1% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which dropped 5.7% and 2.8% respectively. They were followed by IT firm Wipro (WIT) and lender ICICI Bank (IBN), which were down 2.3% and 1% respectively.