Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, falling 0.83% to 2,951.38 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor companies ASE Technology (ASX) and Silicon Motion Technology (SIMO), which rose 2% and 1.4% respectively. They were followed by online entertainment service iQIYI (IQ) and diagnostic imaging centers company Concord Medical Services (CCM), which were up 0.7% and 0.3% respectively.

The decliners from North Asia were led by education companies 17 Education & Technology Group (YQ) and 51Talk Online Education Group (COE), which shed 8.3% and 4.7% respectively. They were followed by used car platform Uxin (UXIN) and fintech firm Qfin (QFIN), which fell 4.3% and 4% respectively.

The only gainers from South Asia, were IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which were up 1% and 0.5% respectively.

The decliners from South Asia were led by computer hardware maker Canaan (CAN) and tech conglomerate Sea (SE), which lost 8.1% and 4.4% respectively. They were followed by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 3.1% and 2% respectively.