NEW YORK, Aug. 1 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Monday with seven 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 BeiGene and Yum China Holdings dropped 3.33 percent and 2.96 percent, respectively, leading the laggards in the top 10 stocks.
Shares of Li Auto and NIO went up 3.84 percent and 2.28 percent, respectively, leading the advancers in the index.
U.S. stocks fell on Monday, giving up some of the gains they had scored in the prior week.
The Dow Jones Industrial Average decreased 46.73 points, or 0.14 percent, to 32,798.40. The S&P 500 fell 11.66 points, or 0.28 percent, to 4,118.63. The Nasdaq Composite Index was down 21.71 points, or 0.18 percent, to 12,368.98.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, surged 7.08 percent to 22.84.
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 2,553.21, marking a 9.11-percent slide for July returns and a 14.28-percent loss for the year-to-date returns.
