World

U.S.-listed Chinese firms trade lower

By Pan Lijun

NEW YORK, May 18 (Xinhua) -- U.S.-listed Chinese companies traded lower on Wednesday with all 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 BeiGene and Alibaba Group Holding dropped 5.4 percent and 5.09 percent, respectively, leading the losses in the top 10 stocks in the index.

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