Asian equities traded in the US as American depositary receipts fell Friday morning with the S&P Asia 50 ADR Index dropping 1.1% to 2,878.79.
From North Asia, the gainers were led by education company Four Seasons Education (FEDU) and semiconductor company Silicon Motion Technology (SIMO), which climbed 9.3% and 7% respectively. They were followed by game live-streaming service HUYA (HUYA) and fintech firm Maase (MAAS), which increased 3% and 2.3% respectively.
The decliners from North Asia were led by education company 17 Education & Technology Group (YQ) and internet and data-center services provider VNET Group. (VNET), which fell 5.7% and 5.4% respectively. They were followed by lender Nomura (NMR) and utilities company Korea Electric Power (KEP), which lost 4.3% and 4.2% respectively.
From South Asia, the gainers were led by IT firm Sify Technologies (SIFY), which rose 3.4%, followed by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which were up 0.7% and 1.6% respectively.
The decliners from South Asia were led by lender ICICI Bank (IBN) and tech conglomerate Sea (SE), which dropped 1.8% and 1.4% respectively. They were followed by IT firm Infosys (INFY) and lender HDFC Bank (HDB), which were down 1.1% and 1% respectively.