Asian equities traded in the US as American depositary receipts were tracking lower Tuesday morning, declining 0.3% to 2,152.9 on the S&P Asia 50 ADR Index.
From North Asia, the gainers were led by consumer lending firm LexinFintech (LX) and electric vehicle maker NIO (NIO), which rose 3.4% and 3.3% respectively. They were followed by biotech firm Zai Lab (ZLAB), which was up 2.9%.
The decliners from North Asia were led by computer hardware maker Canaan (CAN) and internet and data center services provider VNET Group (VNET), which fell 8.2% and 5.1% respectively. They were followed by education company 17 Education & Technology Group (YQ) and Four Seasons Education (FEDU), which dropped 4.7% and 3.1%, respectively.
From South Asia, the gainers were IT firm Sify Technologies (SIFY) and telecommunications operator PLDT (PHI), which added 2.8% and 2%, respectively, followed by telecommunications operator Telekomunikasi Indonesia (TLK), which increased 0.8%.
The decliners from South Asia were led by IT firm Infosys (INFY) and financial services company HDFC Bank (HDB), which lost 2.8% and 2.3% respectively. They were followed by financial services company ICICI Bank (IBN), which was down 1.1%.
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