Asian equities traded in the US as American depositary receipts were lower on Thursday morning, down 0.4% to 2,710.96 on the S&P Asia 50 ADR Index.

From North Asia, the gainers were led by electric vehicle manufacturers Xpeng (XPEV) and Nio (Nio), which climbed 6% and 5.5% respectively.

They were followed by Internet and data center service provider Vnet (VNET) and cloud service provider Kingsoft (KC), which advanced 5.5% and 4.1% respectively.

The decliners from North Asia were led by computer hardware company Canaan (CAN) and bitcoin mining company Cango (CANG), which fell 5.5% and 4.8% respectively.

They were followed by autonomous driving technology company WeRide (WRD), which dropped 2.2%.

From South Asia, the gainers were led by business process management company WNS (WNS), which added 0.1%.

The decliners from South Asia were led by Indian technology companies Infosys (INFY), which fell 2.3%, and Wipro (WIT), which was down 1.7%.