Asian equities traded in the US as American depositary receipts were significantly lower Thursday morning, falling 2.48% to 2,672.22 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by semiconductor company Himax Technologies (HIMX) and electric vehicle maker NIO (NIO), which climbed 25.6% and 5.9% respectively. They were followed by tech company Xunlei (XNET) and real estate management and investment firm Eason Technology (DXF), which rose 5.6% and 1.7% respectively

The decliners from North Asia were led by automotive company Honda Motor (HMC) and Bitcoin mining company Cango (CANG), which fell 6.2% and 5.9% respectively. They were followed by internet and data center services provider VNET Group (VNET) and lender Sumitomo Mitsui Financial Group (SMFG), which were down 5.6% and 4.8% respectively.

There were no gainers from South Asia.

The decliners from South Asia were led by IT company Sify Technologies (SIFY) and IT firms Wipro (WIT), which dropped 3.3% and 3.2% respectively. They were followed by IT firm Infosys (INFY) and lender ICICI Bank (IBN), which were off 1.4% and 0.9% respectively.