Asian equities traded in the US as American depositary receipts started the week higher Monday morning, rising 0.71% to 2,691.48 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by mobile app developer Cheetah Mobile (CMCM) and brand platform 36Kr (KRKR), which climbed 13% and 9% respectively. They were followed by e-commerce company Baozun (BZUN) and media company Phoenix New Media (FENG), which advanced 7.2% and 4.7% respectively.

The decliners from North Asia were led by used car market place Uxin (UXIN) and pet-focused platform Boqii (BQ), which fell 6.2% and 5.6% respectively. They were followed by online game developer The9 (NCTY) and computer hardware maker Canaan (CAN), which were down 4.4% and 4.3% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which rose 1.3% and 1% respectively. They were followed by IT firm Infosys (INFY) and telecommunications operator PLDT (PHI), which were up 1% and 0.1% respectively.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender HDFC Bank (HDB), which dropped 1.2% and 1.1% respectively. They were followed by IT company Wipro (WIT) and lender ICICI Bank (IBN), which lost 0.7% and 0.3% respectively.