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​U.S.-listed Chinese firms trade higher

NEW YORK
2018-08-23 08:48

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U.S.-listed Chinese companies traded mostly higher on Wednesday with six of the 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 and TAL Education Group rose 2.84 percent and 2.75 percent respectively, outperforming others in the top 10 stocks of the index.

Shares of JD.com and Ctrip declined 1.40 percent and 0.99 percent respectively, leading the laggards among the top 10.

U.S. stocks closed mixed on Wednesday as investors digested a batch of corporate earnings reports and key economic data.

The Dow Jones Industrial Average fell 88.69 points, or 0.34 percent, to 25,733.60. The S&P 500 decreased 1.14 points, or 0.04 percent, to 2,861.82. The Nasdaq Composite Index rose 29.92 points, or 0.38 percent, to 7,889.10.

As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,906.58, marking a 7.82-percent decrease for the month-to-date returns and a 5.97-percent loss for the year-to-date returns. Enditem
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