Asian equities traded in the US as American depositary receipts were trending lower Tuesday morning, declining 0.52% to 2,725.35 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by online entertainment company Bilibili (BILI) and fintech company Maase (MAAS), which rose 5.5% and 4.5% respectively. They were followed by utilities company Korea Electric Power (KEP) and education company 17 Education & Technology Group (YQ), which were up 2.7% and 2.3% respectively.

The decliners from North Asia were led by education company Four Seasons Education (FEDU) and used car marketplace Uxin (UXIN), which fell 6.7% and 5.3% respectively. They were followed by liquid display maker LG Display (LPL) and polysilicon manufacturer Daqo New Energy (DQ), which dropped 5.1% and 3.4% respectively.

From South Asia, the gainers were led by telecommunications operator Telekomunikasi Indonesia (TLK) and tech conglomerate Sea (SE), which advanced 8.5% and 2% respectively. They were followed by IT firm Wipro (WIT) and lender ICICI Bank (IBN), which increased 1% each.

The decliners from South Asia were led by IT company Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which were down 0.7% each, while pharmaceutical company Dr. Reddy's Laboratories (RDY) and lender HDFC Bank (HDB) edged 0.1% and 0.04% lower, respectively.