U.S.-listed Chinese companies traded higher on Tuesday, with all top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.
Shares of BeiGene, Ltd. and shares of Yum China Holdings, Ltd. surged 4.70 percent and 4.26 percent, respectively, leading the advancers in the top 10 stocks of the index.
Meanwhile, shares of Chinese e-commerce giants Alibaba and JD.com climbed 4.24 percent and 1.57 percent, respectively.
As of Monday, the S&P U.S. Listed China 50 index stood at 3,038.23, marking a 1.47-percent decline for the month-to-date returns and a 1.71-percent decline for the year-to-date returns.
U.S. stocks rallied on Tuesday as investor sentiment was largely strengthened after China announced further opening-up measures.
The Dow Jones Industrial Average gained 428.90 points, or 1.79 percent, to 24,408.00. The S&P 500 added 43.71 points, or 1.67 percent, to 2,656.87. The Nasdaq Composite Index was up 143.96 points, or 2.07 percent, to 7,094.30.
Shares of BeiGene, Ltd. and shares of Yum China Holdings, Ltd. surged 4.70 percent and 4.26 percent, respectively, leading the advancers in the top 10 stocks of the index.
Meanwhile, shares of Chinese e-commerce giants Alibaba and JD.com climbed 4.24 percent and 1.57 percent, respectively.
As of Monday, the S&P U.S. Listed China 50 index stood at 3,038.23, marking a 1.47-percent decline for the month-to-date returns and a 1.71-percent decline for the year-to-date returns.
U.S. stocks rallied on Tuesday as investor sentiment was largely strengthened after China announced further opening-up measures.
The Dow Jones Industrial Average gained 428.90 points, or 1.79 percent, to 24,408.00. The S&P 500 added 43.71 points, or 1.67 percent, to 2,656.87. The Nasdaq Composite Index was up 143.96 points, or 2.07 percent, to 7,094.30.
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