Asian equities traded in the US as American depositary receipts were slightly higher Tuesday morning, rising 0.20% to 2,258.11 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by video-sharing platform Bilibili (BILI) and tech company Xunlei (XNET), which rose 5.5% and 4.9% respectively. They were followed by fintech firms LexinFintech (LX) and Jiayin Group (JFIN), which were up 3.9% and 3.2% respectively.

The decliners from North Asia were led by computer hardware maker Canaan (CAN) and media company Phoenix New Media (FENG), which shed 8.1% and 5.1% respectively. They were followed by used car marketplace Uxin (UXIN) and biotech firm Zai Lab (ZLAB), which fell 5% and 2.9"% respectively.

From South Asia, the gainers were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and tech conglomerate Sea (SE), which increased 0.4% and 0.2% respectively.

The decliners from South Asia were led by IT firm Sify Technologies (SIFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which fell 2.6% each. They were followed by financial services company HDFC Bank (HDB) and IT firm Wipro (WIT), which were down 1.3% and 1.1% respectively.