U.S.-listed Chinese firms trade mostly higher


NEW YORK, Nov. 23 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Wednesday, with nine 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 NIO and Li Auto went up 5.49 percent and 3.59 percent, respectively, leading the advancers in the top 10 stocks.

Shares of Pinduoduo slipped 0.07 percent, the lone decliner in the top 10 stocks.

Wall Street's major indexes rose on Wednesday as the Federal Reserve's November meeting minutes showed most officials favored slower tightening pace soon.

The Dow Jones Industrial Average climbed 95.96 points, or 0.28 percent, to 34,194.06. The S&P 500 added 23.68 points, or 0.59 percent, to 4,027.26. The Nasdaq Composite Index increased 110.91 points, or 0.99 percent, to 11,285.32.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 4.42 percent to 20.35.

As of Tuesday, 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 2,239.54, marking a 19.19-percent increase for the month-to-date returns and a 24.81-percent loss for the year-to-date returns.

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