10:32 AM EDT, 03/19/2025 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were edging higher Wednesday morning, rising 0.23% to 2,258.90 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by computer hardware maker Canaan (CAN) and online game developer The9 ( NCTY ) , which advanced 6.5% and 3.9% respectively. They were followed by mobile app developer Cheetah Mobile ( CMCM ) and e-commerce fashion platform MOGU ( MOGU ) , which increased 3.2% and 2.9% respectively.

The decliners from North Asia were led by automotive e-commerce platform Cango ( CANG ) and consumer lending firm Eason Technology ( DXF ) , which shed 14% and 9.8% respectively. They were followed by game live-streaming platform HUYA ( HUYA ) and internet and data center service provider VNET Group ( VNET ) , which dropped 8.2% and 7.7% respectively

From South Asia, the gainers were led by IT firm Wipro ( WIT ) and tech conglomerate Sea (SE), which rose 3.2% and 2.3% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and IT firm Infosys ( INFY ) , which were up 0.9% each.

The decliners from South Asia were led by IT firm Sify Technologies ( SIFY ) and telecommunications operator PLDT ( PHI ) , which fell 1.3% and 0.8% respectively. They were followed by financial services company ICICI Bank ( IBN ) and telecommunications operator Telekomunikasi Indonesia (TLK), which were off 0.3% and 0.1% respectively.

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