Asian equities traded in the US as American depositary receipts were sharply lower Thursday morning, declining 1.55% to 2,619.68 on the S&P Asia 50 ADR Index, which is modestly higher for the week so far.

From North Asia, the gainers were led by fintech firm J and Friends (JF) and semiconductor company Silicon Motion Technology (SIMO), which rose 6.2% and 3.1% respectively. They were followed by consumer lender Eason Technology (DXF) and fintech company High Templar Tech (HTT), which were up 2.4% and 0.8% respectively.

The decliners from North Asia were led by wealth management firm Noah (NOAH) and brand platform Baozun (BZUN), which shed 11% and 7.7% respectively. They were followed by media company Phoenix New Media (FENG) and thin-film liquid display maker LG Display (LPL), which dropped 5.5% each.

From South Asia, the gainers were led by IT firms Infosys (INFY) and Wipro (WIT), which advanced 1.3% and 1% respectively. They were followed by followed by tech conglomerate Sea (SE), which increased 0.6%.

The decliners from South Asia were led by IT firm Sify Technologies (SIFY) and telecommunications operator Telekomunikasi Indonesia (TLK), which fell 1.8% and 1.1% respectively. They were followed by lenders HDFC Bank (HDB) and ICICI Bank (IBN), which were off 0.7% and 0.3% respectively.