U.S.-listed Chinese firms trade mostly lower

Source: Xinhua| 2019-04-23 05:41:38|Editor: yan
Video PlayerClose

NEW YORK, April 22 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Monday 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 Ctrip.com International and Yum China Holdings fell 2.03 percent and 1.83 percent, respectively, leading the losers in the top 10 stocks of the index.

Shares of NetEase rose 0.76 percent, leading the winners in the top 10 stocks of the index.

U.S. stocks ended mixed on Monday, as investors trod water with small gains and losses at the start of a hectic week of the ongoing earnings season.

The Dow Jones Industrial Average fell 48.49 points, or 0.18 percent, to 26,511.05. The S&P 500 rose 2.94 points, or 0.10 percent, to 2,907.97. The Nasdaq Composite Index rose 17.21 points, or 0.22 percent, to 8,015.27.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 2.73 percent to 12.42 on Monday.

As of Thursday, the last trading day of last week, the S&P U.S. Listed China 50 index stood at 2,945.08, marking a 2.49-percent increase for the month-to-date returns and a 28.53-percent gain for the year-to-date returns.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105521379994541