Asian equities traded in the US as American depositary receipts opened the week higher Monday morning, rising 0.68% to 2,194.86 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by education company Four Seasons Education (FEDU) and consumer lending firm Eason Technology (DXF), which rose 26% and 7.6%, respectively. They were followed by pet-focused platform Boqii (BQ) and casino and resort operator Melco Resorts & Entertainment (MLCO), which climbed 6.7% and 6%, respectively.
The decliners from North Asia were led by internet and data center services provider VNET Group (VNET) and biotech firm Zai Lab (ZLAB), which fell 21% and 6.5%, respectively. They were followed by electric vehicle maker NIO (NIO) and mobile app developer Cheetah Mobile (CMCM), which lost 4.6% and 4.5% respectively.
From South Asia, the gainers were led by telecommunications operators Telekomunikasi Indonesia (TLK) and PLDT (PHI), which rose 2.7% and 1.5%, respectively. They were followed by IT firm Wipro (WIT) and financial services company ICICI Bank (IBN), which were up 0.9% and 0.5% respectively.
The only decliners from South Asia were IT firms Sify Technologies (SIFY) and Infosys (INFY), which were off 0.9% and 0.3%, respectively.
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