Asian equities traded in the US as American depositary receipts fell Wednesday morning with the S&P Asia 50 ADR Index declining 0.8% to 2,440.06.

From North Asia, the decliners were led by fintech firm Jiayin Group (JFIN) and tech company Xunlei (XNET), which fell 6.1% and 5.2% respectively. They were followed by online game developer The9 (NCTY) and internet and data center services provider VNET Group (VNET), which were down 4% and 3.3% respectively.

The gainers from North Asia were led by video streaming service iQIYI (IQ) and financial services company CNFinance (CNF), which rose 4.4% and 3% respectively. They were followed by game live-streaming service DouYu International (DOYU) and online discount retailer Vipshop (VIPS), which were up 2.5% and 2.1% respectively.

From South Asia, the decliners were led by IT firm Sify Technologies (SIFY), which lost 3.8%, followed by tech conglomerate Sea (SE) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 1.8% and 0.1% respectively.

The gainers from South Asia were led by IT firms Infosys (INFY) and Wipro (WIT), which advanced 3.4% and 2% respectively. They were followed by financial services company ICICI Bank (IBN) and telecommunications operator Telekomunikasi Indonesia (TLK), which increased 1.1% and 1% respectively.