Asian equities traded in the US as American depositary receipts were higher on Friday morning, up 0.6% to 2,936.67 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by financial group KB Financial (KB) and cloud services provider Kingsoft Cloud (KC), which jumped 6.7% and 5.6%, respectively.

They were followed by tech giant Alibaba (BABA) and e-commerce company JD.com (JD), which climbed 3.3% and 2.6%, respectively.

The decliners from North Asia were led by consumer finance platform LexinFintech (LX) and fintech company Qfin (QFIN), which fell 8.5% and 6.1%, respectively.

They were followed by semiconductor companies ASE Technology (ASX) and United Microelectronics (UMC), which dropped 3.1% and 3%, respectively.

From South Asia, the gainers were led by tech conglomerate Sea (SE) and computer hardware maker Canaan (CAN), which gained 5.4% and 4.5%, respectively.

The decliners from South Asia were led by IT service management company Trident Digital Tech (TDTH), which fell past 10%, followed by pharmaceutical company Dr Reddy's Laboratories (RDY), which shed 5.2%.