Asian equities traded in the US as American depositary receipts were tracking slightly higher Thursday morning, rising 0.15% to 3,003.67 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by technology company Xunlei (XNET) and education company 17 Education & Technology Group (YQ), which climbed 4% and 10% respectively. They were followed by brand platform 36Kr (KRKR) and online entertainment service iQIYI (IQ), which advanced 4.6% and 4.5% respectively.

The decliners from North Asia were led by semiconductor company Silicon Motion Technology (SIMO) and electric vehicle maker NIO (NIO), which dropped 4.9% and 2.5% respectively. They were followed by music streaming service Tencent Music Entertainment Group (TME) and fintech firm LexinFintech (LX), which lost 2.4% and 0.2% respectively.

From South Asia, the gainers were led by computer hardware maker Canaan (CAN) and IT firm Wipro (WIT), which rose 15% and 1% respectively. They were followed by telecommunications operator PLDT (PHI), which were up 1.1%.

The decliners from South Asia were led by pharmaceutical company Dr. Reddy's Laboratories (RDY), which dropped 1.8%, followed by lenders ICICI Bank (IBN) and HDFC Bank (HDB), which were off 0.5% each.