Asian equities traded in the US as American depositary receipts opened the week higher Monday morning, rising 0.82% to 2,371.23 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by financial services company CNFinance (CNF) and automotive marketplace Cango (CANG), which climbed 7.5% and 6% respectively. They were followed by tech company Xunlei (XNET) and internet and data center services provider VNET Group (VNET), which increased 4% and 2.6% respectively.

The decliners from North Asia were led by electric vehicle maker NIO (NIO) and tech-investment firm Eason Technology (DXF), which fell 5.8% and 4.1% respectively. They were followed by financial services company Mitsubishi UFJ Financial Group (MUFG) and fintech firm Jiayin Group (JFIN), which dropped 1.4% and 0.7% respectively.

From South Asia, the gainers were telecommunications operator Telekomunikasi Indonesia (TLK) and IT firm Infosys (INFY), which rose 1.4% and 1.3% respectively. They were followed by tech conglomerate Sea (SE) and Wipro (WIT), which were up 1.1% and 0.9% respectively.

The decliners from South Asia were led by financial services company ICICI Bank (IBN), which dropped 0.9%, followed by pharmaceutical company Dr. Reddy's Laboratories (RDY) and financial services company HDFC Bank (HDB), which were off 0.5% and 0.04% respectively.