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​U.S.-listed Chinese firms trade roughly mixed

NEW YORK
2018-05-18 08:56

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U.S.-listed Chinese companies traded roughly mixed on Thursday, with five of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a upbeat note.

Shares of Chinese bio-pharmaceutical company BeiGene, Ltd., surged 3.63 percent to close at 189.11 U.S. dollars apiece, the biggest advancer among the 10 stocks. Meanwhile, stocks of Chinese technology company NetEase, Inc., the biggest laggard, lost 7.46 percent in market closing.

U.S. stocks ended lower on Thursday as investors continued to sift through the rising Treasury yields.

The Dow Jones Industrial Average lost 54.95 points, or 0.22 percent, to 24,713.98. The S&P 500 erased 2.33 points, or 0.09 percent, to 2,720.13. The Nasdaq Composite Index was down 15.82 points, or 0.21 percent, to 7,382.47.
The CBOE Volatility Index, widely considered the best fear gauge in the stock market, rose 0.075 percent to 13.43 on Thursday.

As of Wednesday, the S&P U.S. Listed China 50 index stood at 3,798.81 marking a 4.48-percent increase for the month-to-date returns and a 3.49-percent up for the year-to-date returns.
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