U.S.-listed Chinese firms trade mostly higher

NEW YORK, Jan. 26 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Thursday, 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 Li Auto and Pinduoduo soared 8.89 percent and 8.47 percent, respectively, leading the advancers in the top 10 stocks.

Shares of BeiGene slipped 0.71 percent, the lone decliner in the top 10 stocks.

Wall Street's major averages climbed on Thursday, driven by better-than-expected economic data.

The Dow Jones Industrial Average rose 205.57 points, or 0.61 percent, to 33,949.41. The S&P 500 added 44.21 points, or 1.10 percent, to 4,060.43. The Nasdaq Composite Index increased 199.06 points, or 1.76 percent, to 11,512.41.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, fell 1.83 percent to 18.73.

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 2,967.02, marking a 15.46-percent rise for the month-to-date returns and a 15.46-percent increase for the year-to-date returns.

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