Asian equities traded in the US as American depositary receipts kicked off the week higher Monday morning, rising 0.33% to 2,880.93 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by online game developer The9 (NCTY) and brand platform Baozun (BZUN), which surged 39% and 12% respectively. They were followed by used car marketplace Uxin (UXIN) and video-sharing platform Bilibili (BILI), which advanced 5.3% and 4.7% respectively.

The decliners from North Asia were led by automotive marketplace Token Cat (TC) and education company 17 Education & Technology Group (YQ), which fell 7.8% and 6.8% respectively. They were followed by semiconductor company Silicon Motion Technology (SIMO) and fintech firm AMTD Digital (HKD), which dropped 3.8% and 0.6% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which rose 4.3% and 3.5% respectively. They were followed by Canaan (CAN) and IT firm Infosys (INFY), which increased 2.3% and 1.8% respectively.

The lone decliner from South Asia was lender HDFC Bank (HDB), which was off 0.4%.