Asian equities traded in the US as American depositary receipts opened the week higher Monday morning, rising 0.38% to 2,687.28 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by used car platform Uxin (UXIN) and education company 17 Education & Technology Group (YQ), which climbed 13% and 12%, respectively. They were followed by computer hardware maker Canaan (CAN) and fintech firm Qfin (QFIN), which advanced 4.9% and 4.1%, respectively.

The decliners from North Asia were led by automotive marketplace Token Cat (TC) and lender CNFinance (CNF), which fell 5.3% and 4.8%, respectively. They were followed by game live-streaming service HUYA (HUYA) and online game developer The9 (NCTY), which were down 3% and 2.8%, respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which rose 5.1% and 1.2%, respectively. They were followed by lender HDFC Bank (HDB) and tech conglomerate Sea (SE), which were up 0.6% and 0.5%, respectively.

The decliners from South Asia were led by IT firms Infosys (INFY) and Wipro (WIT), which dropped 6.2% and 1.5%m respectively. They were followed by telecommunications operator Telekomunikasi Indonesia (TLK) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were off 0.3% and 0.1%, respectively.