Asian equities traded in the US as American depositary receipts were tracking lower Thursday morning, declining 0.80% to 2,227.65 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by technology company Xunlei (XNET) and education company Four Seasons Education (FEDU), which advanced 40% and 6.2%, respectively. They were followed by automotive e-commerce platform Cango (CANG) and e-commerce fashion platform MOGU (MOGU), which rose 6.1% and 5%, respectively.

The decliners from North Asia were led by internet and data center services provider VNET Group (VNET) and advertising agency iClick Interactive Asia Group (ICLK), which fell 12% and 7%, respectively. They were followed by diagnostic imaging centers company Concord Medical Services (CCM) and ad agency 36Kr (KRKR), which dropped 6.7% and 6%, respectively.

From South Asia, the gainers were led by IT firm Sify Technologies (SIFY) and financial services company HDFC Bank (HDB), which increased 2.9% and 1% respectively. They were followed by IT firm Wipro (WIT) and financial services company ICICI Bank (IBN), which were up 0.7% and 0.1% respectively.

The decliners from South Asia were led by telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Infosys (INFY), which lost 2% and 0.4% respectively. They were followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and tech conglomerate Sea (SE), which were off 0.3% each.