U.S.-listed Chinese firms trade higher


NEW YORK, Dec. 2 (Xinhua) -- U.S.-listed Chinese companies traded higher on Friday, with all 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 surged 8.6 percent and 6.95 percent, respectively, leading the advance in the top 10 stocks.

Shares of JD.com and Alibaba Group Holding added 5 percent and 4.79 percent, respectively, also among the best performers in the top 10 stocks.

Wall Street's major indexes ended mixed on Friday as investors digested stronger-than-expected U.S. labor data.

The Dow Jones Industrial Average rose 34.87 points, or 0.10 percent, to 34,429.88. The S&P 500 was down 4.87 points, or 0.12 percent, to 4,071.70. The Nasdaq Composite Index fell 20.95 points, or 0.18 percent, to 11,461.50.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 3.93 percent to 19.06.

As of Thursday, 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 2,546.17, marking a 2.44-percent decrease for the month-to-date returns and a 14.51-percent loss for the year-to-date returns.

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