Shares of Pinduoduo shed 6.98 percent, leading the decliners in the top 10 stocks.
Trip.com Group and Yum China Holdings slid 5.10 percent and 4.31 percent, respectively, also among the worst performers in the top 10 stocks in the index.
Volatile trading continued on Wall Street Wednesday with the Dow closing down more than 1,400 points amid coronavirus fears.
The Dow Jones Industrial Average sank 1,464.94 points, or 5.86 percent, to 23,553.22. The S&P 500 decreased 140.85 points, or 4.89 percent, to 2,741.38. The Nasdaq Composite Index dipped 392.20 points, or 4.70 percent, to 7,952.05.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, surged 13.95 percent to 53.90 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 3,158.22, marking a 0.11-percent gain for the month-to-date returns and a 0.28-percent dip for the year-to-date returns.
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