U.S.-listed Chinese firms trade mostly lower


NEW YORK, Jan. 26 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Tuesday with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Shares of Pinduoduo and Baidu slid 3.57 percent and 2.58 percent, respectively, leading the laggards in the top 10 stocks in the index.

Shares of Alibaba Group Holding and Yum China Holdings rose 1.74 percent and 1.66 percent, respectively, leading the gainers in the top 10 stocks.

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

The Dow Jones Industrial Average fell 22.96 points, or 0.07 percent, to 30,937.04. The S&P 500 was down 5.74 points, or 0.15 percent, to 3,849.62. The Nasdaq Composite Index decreased 9.93 points, or 0.07 percent, to 13,626.06.

The Cboe Volatility Index widely considered as the best fear gauge in the stock market, was down 0.73 percent to 23.02.

As of Monday, 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 5,991.55, marking a 14.68-percent gain for the month-to-date returns and a 14.68-percent rise for the year-to-date returns.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3
   

Did you find this article insightful?

Yes
No

Next In World

Mexico's landmark cannabis bill one step closer to becoming law
Microsoft server hack has victims hustling to stop intruders
Talks start to protect Indian Ocean's depleting tuna
Dam breach prompts evacuation orders on Hawaii's Maui island
Chinese official says HK electoral changes will "protect" international role
Twitter sues Texas AG, claiming retaliation for Trump ban
Gradually recovering: Fukushima residents talk 10 years on
Hacked companies caught in maze of notification requirements
Japanese smart city offers residents quake, privacy protection
U.S. says visa applicants denied due to Trump 'Muslim ban' can reapply

Stories You'll Enjoy


Vouchers