Asian equities traded in the US as American depositary receipts were marginally higher Thursday morning, edging up 0.03% to 3,022.75 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company Four Seasons Education (FEDU) and music streaming service Tencent Music Entertainment Group (TME), which advanced 13% and 2.9%, respectively. They were followed by tech company Xunlei (XNET) and biopharmaceutical company Zai Lab (ZLAB), which rose 2.7% and 2.6%, respectively.

The decliners from North Asia were led by automotive marketplace Token Cat (TC) and online retailer JD.com (JD), which dropped 7.7% and 5.2%, respectively. They were followed by real estate management and digital security company Eason Technology (DXF) and media company Phoenix New Media (FENG), which lost 2.8% and 2.7%, respectively.

From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and telecommunications operator Telekomunikasi Indonesia (TLK), which increased 2.5% and 0.6%, respectively. They were followed by IT firm Wipro (WIT) and pharmaceutical company Dr. Reddy's Laboratories (RDY), which were up 0.5% and 0.4%, respectively.

The decliners from South Asia were led by tech conglomerate Sea (SE) and lender ICICI Bank (IBN), which fell 2.3% and 0.9%, respectively.