Asian equities traded in the US as American depositary receipts opened the shortened trading week lower Tuesday morning, declining 0.3% to 2,470.04 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by brand platform Baozun (BZUN) and education company 51Talk Online Education Group (COE), which climbed 9.4% and 6.9% respectively. They were followed by video-based social media platform JOYY (JOYY) and semiconductor company ASE (ASX), which rose 5.1% and 3.2% respectively.

The decliners from North Asia were led by pet-focused platform Boqii (BQ) and internet and data center services provider VNET Group (VNET), which fell 6.4% and 6% respectively. They were followed by video-sharing site Bilibili (BILI) and used car e-commerce platform Uxin (UXIN), which dropped 4.6% and 2.6% respectively.

From South Asia, the only gainers were IT firms Wipro (WIT) and Infosys (INFY), which were up 0.4% and 0.3% respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and lender HDFC Bank (HDB), which lost 4.1% and 2% respectively. They were followed by telecommunications operators PLDT (PHI) and Telekomunikasi Indonesia (TLK), which were down 1.7% each.