U.S.-listed Chinese firms trade lower


NEW YORK, Dec. 9 (Xinhua) -- U.S.-listed Chinese companies traded lower on Friday, with all 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 Li Auto and NIO dipped 12.37 percent and 5.82 percent, respectively, leading the slide in the top 10 stocks.

Shares of Trip.com Group and JD.com slid 3.83 percent and 3.4 percent, respectively, also among the worst performers in the top 10 stocks.

Wall Street's major indexes dropped on Friday after U.S. producer inflation for November came in hotter than expected.

The Dow Jones Industrial Average sank 305.02 points, or 0.9 percent, to 33,476.46. The S&P 500 fell 29.13 points, or 0.73 percent, to 3,934.38. The Nasdaq Composite Index decreased 77.38 points, or 0.70 percent, to 11,004.62.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, rose 2.42 percent to 22.83.

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 2,725.47, marking a 4.43-percent increase for the month-to-date returns and an 8.49-percent loss for the year-to-date returns.

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