Asian equities traded in the US as American depositary receipts kicked off the week sharply higher Monday morning, surging 1.37% to 2,796.92 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX) and computer hardware maker Canaan (CAN), which climbed 4% and 2.3% respectively. They were followed by mobile big data platform Aurora Mobile (JG) and lender CNFinance (CNF), which were up 1.2% and 0.7% respectively.

The decliners from North Asia were led by consumer lending firm Eason Technology (DXF) and automotive platform Token Cat (TC), which fell 3.6% and 4.1% respectively. They were followed by travel company Tuniu (TOUR), which was down 1.8%.

From South Asia, the gainers were led by IT companies Infosys (INFY) and Sify Technologies (SIFY), which increased 1.6% and 1.2% respectively. They were followed by IT firm Wipro (WIT) and tech conglomerate Sea (SE), which rose 1.8% and 0.9% respectively.

The only decliners from South Asia were telecommunications operator Telekomunikasi Indonesia (TLK) and financial services company ICICI Bank (IBN), which lost 1.7% and 0.3% respectively.