U.S.-listed Chinese firms trade mostly lower


NEW YORK, Dec. 1 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Thursday, 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 NIO and NetEase dropped 5.4 percent and 3.44 percent, respectively, leading the laggards in the top 10 stocks.

Shares of Pinduoduo and BeiGene added 2.07 percent and 1.54 percent, respectively, leading the advancers in the top 10 stocks.

Wall Street's major indexes ended mixed on Thursday as investors awaited the November U.S. jobs report.

The Dow Jones Industrial Average fell 194.76 points, or 0.56 percent, to 34,395.01. The S&P 500 decreased 3.54 points, or 0.09 percent, to 4,076.57. The Nasdaq Composite Index increased 14.45 points, or 0.13 percent, to 11,482.45.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 3.45 percent to 18.86.

As of Wednesday, 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 2,609.76, marking a 38.89-percent increase for November returns and a 12.38-percent loss for the year-to-date returns.

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