U.S.-listed Chinese firms trade mostly higher


NEW YORK, June 27 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Monday 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 Yum China Holdings and Trip.com Group rose 4.93 percent and 3.89 percent, respectively, leading the gainers in the top 10 stocks.

Shares of NIO and BeiGene slipped 4.69 percent and 3.78 percent, respectively, leading the laggards in the index.

U.S. stocks dropped on Monday as Wall Street's comeback rally lost steam.

The Dow Jones Industrial Average fell 62.42 points, or 0.20 percent, to 31,438.26. The S&P 500 slid 11.63 points, or 0.30 percent, to 3,900.11. The Nasdaq Composite Index decreased 83.07 points, or 0.72 percent, to 11,524.55.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 1.03 percent to 26.95.

As of Friday, 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 2,862.83, marking a 16.7-percent gain for the month-to-date returns and a 3.88-percent loss for the year-to-date returns.

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