U.S.-listed Chinese firms trade mostly higher

Source: Xinhua| 2018-06-15 05:54:00|Editor: huaxia
Video PlayerClose

NEW YORK, June 14 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Thursday, with 6 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 JD.com and shares of Alibaba, jumped 6.06 percent and 2.05 percent respectively, leading the advancers in the top 10 stocks of the index, while shares of TAL Education Group fell 1.53 percent as the biggest laggards among the 10 stocks.

At Thursday's close, shares of Baidu, another Chinese famous tech giant listed in the U.S. equity market, rose 0.24 percent to 270.64 U.S. dollars apiece.

U.S. stocks closed mixed on Thursday, with the Nasdaq closing at a record high, as investors digest a slew of major economic data.

At the close, the Dow Jones Industrial Average fell 25.89 points, or 0.10 percent, to 25,175.31. The S&P 500 rose 6.86 points, or 0.25 percent, to 2,782.49. The Nasdaq Composite Index was up 65.34 points, or 0.85 percent, to 7,761.04.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, dropped 6.34 percent to 12.12 on Thursday.

As of Wednesday, the S&P U.S. Listed China 50 index stood at 3,373.14, marking a 5.59-percent gain for the month-to-date returns and a 9.13-percent increase for the year-to-date returns. Enditem

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001372545271