Asian equities traded in the US as American depositary receipts started the week higher Monday morning, rising 0.9% to 2,721.9 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by pet-focused platform Boqii (BQ) and computer hardware maker Canaan (CAN), which surged past 79% and 13% respectively. They were followed by online brokerage UP Fintech (TIGR) and ecommerce company Alibaba Group (BABA), which rose 5.5% and 4.3% respectively.

The decliners from North Asia were led by financial services company CNFinance (CNF) and consumer lending firm Eason Technology (DXF), which fell 6.3% and 5.4% respectively. They were followed by automaker Honda Motor (HMC) and data center services provider VNET Group (VNET), which lost 4% and 0.3% respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY), which increased more than 7%, followed by IT company Wipro (WIT), which was up 0.4%.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT company Infosys (INFY), which dropped 2% and 1.8% respectively. They were followed by tech conglomerate Sea (SE) and lender ICICI Bank (IBN), which were down 1.6% and 0.8% respectively.