Electric vehicle manufacturer NIO and e-commerce platform Pinduoduo led the laggards by losing 6.56 percent and 4.25 percent, respectively.
Meanwhile, the shares of delivery platform ZTO Express bucked the trend and gained 0.3 percent.
U.S. stocks saw the return of heavy sell-off on Wednesday amid weakening of macroeconomic indicators and overshadowed recovery outlook.
The Dow Jones Industrial Average lost 525.05 points, or 1.92 percent, to 26,763.13. The S&P 500 dropped 78.65 points, or 2.37 percent, to 3,236.92. The Nasdaq Composite Index shed 330.65 points, or 3.02 percent, to 10,632.99.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, advanced 6.4 percent to 28.58.
As of Tuesday, 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 4,213.41, marking a 4.34-percent loss for the month-to-date returns and a 33.03-percent gain for the year-to-date returns.
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