Asian equities traded in the US as American depositary receipts were up sharply Tuesday morning, rising 1.6% to 2,895.57 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by fintech firm High Templar Tech (HTT) and social media company JOYY (JOYY), which climbed 24.6% and 15.6% respectively. They were followed by online brokerage UP Fintech (TIGR) and semiconductor company ASE Technology (ASX), which increased 14% and 12% respectively.

The decliners from North Asia were led by property management and tech company Eason Technology (DXF) and fintech firm J and Friends (JF), which dropped more than 15% and 9% respectively. They were followed by automotive marketplace Token Cat (TC) and brand platform 36Kr (KRKR), which fell 5.8% and 3.6% respectively.

From South Asia, the gainers were tech conglomerate Sea (SE) and telecommunications operator Telekomunikasi Indonesia (TLK), which rose 2.8% and 2.3% respectively. They were followed by lender ICICI Bank (IBN) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up more than 1% each.

The decliners from South Asia were IT firm Infosys (INFY) and fintech company Trident Digital Tech (TDTH), which fell 3% and 1.9% respectively.