Asian equities traded in the US as American depositary receipts were lower Monday morning, declining 0.35% to 2,232.00 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by education company 17 Education & Technology Group (YQ) and financial services company CNFinance (CNF), which climbed 12% and 9.4%, respectively. They were followed by fintech firms Pintec Technology (PT) and Jiayin Group (JFIN), which increased 3.3% each.

The decliners from North Asia were led by automotive platform Token Cat (TC) and travel company Tuniu (TOUR), which fell 4.1% and 4%, respectively. They were followed by utility company Korea Electric Power (KEP) and used car platform Uxin (UXIN), which dropped 3.7% and 3.1%, respectively.

From South Asia, the gainers were led by IT firms Infosys (INFY) and Wipro (WIT), which rose 1.4% and 1%, respectively. They were followed by IT firm Sify Technologies (SIFY) and pharmaceutical firm Dr. Reddy's Laboratories (RDY) which were up 0.5% and 0.3%, respectively.

The decliners from South Asia were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which lost 2.5% and 0.9% respectively. They were followed by financial services company ICICI Bank (IBN) and tech conglomerate Sea (SE), which were off 0.4% each.