Asian equities traded in the US as American depositary receipts opened the week modestly lower Monday morning, declining 0.22% to 2,239.36 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company Four Seasons Education (FEDU) and diagnostic imaging centers company Concord Medical Services (CCM), which climbed 8.7% and 7.3%, respectively. They were followed by biotech firm Zai Lab (ZLAB) and utilities company Korea Electric Power (KEP), which were up 4.2% and 3.9%, respectively.

The decliners from North Asia were led by pet-focused platform Boqii (BQ) and media company Phoenix New Media (FENG), which fell 7.4% and 5.2%, respectively. They were followed by video-sharing platform Bilibili (BILI) and computer hardware maker Canaan (CAN), which dropped 4.6% and 3%, respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which rose 3.1% and 0.6%, respectively. They were followed by financial services company HDFC Bank (HDB) and IT firm Infosys (INFY), which increased 0.4% and 0.3%, respectively.

The decliners from South Asia were led by telecommunications operator PLDT (PHI), which lost 1.3%, followed by IT companies Wipro (WIT) and Sify Technologies (SIFY), which were off 0.5% and 0.4%, respectively.