NEW YORK, Sept. 20 (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 NIO and Alibaba Group Holding dipped 2.34 percent and 2.12 percent, respectively, leading the laggards in the top 10 stocks.
Shares of Trip.com Group and NetEase rose 3.77 percent and 1.43 percent, respectively, leading the advancers in the index.
U.S. stocks dropped on Tuesday as Wall Street braced for a key decision from the Federal Reserve.
The Dow Jones Industrial Average fell 313.45 points, or 1.01 percent, to 30,706.23. The S&P 500 declined 43.96 points, or 1.13 percent, to 3,855.93. The Nasdaq Composite Index decreased 109.97 points, or 0.95 percent, to 11,425.05.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, surged 5.43 percent to 27.16.
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 2,609.25, marking a 5.41-percent decrease for the month-to-date returns and a 12.4-percent loss for the year-to-date returns.
