U.S.-listed Chinese firms trade mostly higher


NEW YORK, Jan. 21 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Thursday with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.

Shares of TAL Education Group and New Oriental Education & Technology Group soared 15.21 percent and 6.95 percent, respectively, leading the gainers in the top 10 stocks in the index.

Shares of Baidu and Trip.com Group slid 3.45 percent and 2.57 percent, respectively, leading the laggards in the top 10 stocks.

U.S. stocks finished mixed on Thursday as energy sector pulled back noticeably, weighing on the market.

The Dow Jones Industrial Average decreased 12.37 points, or 0.04 percent, to 31,176.01. The S&P 500 increased 1.22 points, or 0.03 percent, to 3,853.07. The Nasdaq Composite Index rose 73.67 points, or 0.55 percent, to 13,530.91.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, slipped 1.2 percent to 21.32.

As of Wednesday, the S&P U.S. Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on U.S. exchanges by total market cap, stood at 5,788.16, marking a 10.79-percent gain for the month-to-date returns and a 10.79-percent rise for the year-to-date returns.

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