Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.72% to 2,621.09 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm Qfin (QFIN) and mobile app developer Cheetah Mobile (CMCM), which climbed 9.2% and 3% respectively. They were followed by automotive marketplace Token Cat (TC) and mobile healthcare platform 111 (YI), which advanced 4.9% and 4.8% respectively.

The decliners from North Asia were led by fintech firms Chaince Digital (CD) and LexinFintech (LX), which tumbled 14% and 9.1% respectively. They were followed by brand platform Baozun (BZUN) and computer hardware maker Canaan (CAN), which shed 6.9% and 5.4% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY), which rose 1.7%, followed by telecommunications operator Telekomunikasi Indonesia (TLK) and lender ICICI Bank (IBN), which were up 0.9% and 0.1% respectively.

The decliners from South Asia were led by IT firm Sify Technologies (SIFY) and tech conglomerate Sea (SE), which fell 1.3% and 1.6% respectively. They were followed by lender HDFC Bank (HDB) and IT company Infosys (INFY), which were down around 1% each.