American depositary receipts of Asian stocks were trading 3.01% higher at 1,508.40 on the BNY Mellon Asia 50 ADR Index on Monday.
In North Asia, the gainers were led by online game developer Changyou.com (CYOU) and internet services company Sohu.com (SOHU), which surged 22.5% and 16.3% respectively. They were followed by search engine Sogou (SOGO) and used car ecommerce platform Uxin (UXIN), which rose 6% and 4.6%.
The decliners in North Asia were led by social medial platform MOMO Inc. (MOMO) and capital markets company Yintech Investment (YIN), which fell 7% and 5% respectively. They were followed by beverage company China New Borun (BORN) and real estate developer Xinyuan Real Estate (XIN), which lost 2.3% and 1.6%.
In South Asia, the only gainers were biotech firm ASLAN (ASLN) and digital entertainment company Sea Limited (SE), which rose 3% and 1.5% respectively.
IT firm SIFY Technologies (SIFY) led the decliners in South Asia, falling 2%, followed by telecommunications operator Telekomunikasi Indonesia (TLK), HDFC Bank (HDB) and automaker Tata Motors (TTM), which were down 1.3%, 0.5%, and 0.3% respectively.
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