U.S.-listed Chinese companies traded mostly lower on Wednesday with seven of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
Shares of SINA Corporation and JD.com slipped 5.73 percent and 4.13 percent, respectively, leading the laggards in the top 10 stocks of the index.
Shares of TAL Education Group and BeiGene, Ltd. rose 1.39 percent and 0.71 percent, respectively, leading the advancers in the top 10 stocks of the index.
U.S. stocks fell sharply on Wednesday as investors fretted over the Federal Reserve's decision to hike its benchmark interest rate for the fourth time this year.
The Dow Jones Industrial Average plunged 351.98 points, or 1.49 percent, to 23,323.66. The S&P 500 decreased 39.2 points, or 1.54 percent, to 2,506.96. The Nasdaq Composite Index was down 147.08 points, or 2.17 percent, to 6,636.83.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,347.22, marking a 7.33-percent decrease for the month-to-date returns and a 24.06-percent loss for the year-to-date returns.
Shares of SINA Corporation and JD.com slipped 5.73 percent and 4.13 percent, respectively, leading the laggards in the top 10 stocks of the index.
Shares of TAL Education Group and BeiGene, Ltd. rose 1.39 percent and 0.71 percent, respectively, leading the advancers in the top 10 stocks of the index.
U.S. stocks fell sharply on Wednesday as investors fretted over the Federal Reserve's decision to hike its benchmark interest rate for the fourth time this year.
The Dow Jones Industrial Average plunged 351.98 points, or 1.49 percent, to 23,323.66. The S&P 500 decreased 39.2 points, or 1.54 percent, to 2,506.96. The Nasdaq Composite Index was down 147.08 points, or 2.17 percent, to 6,636.83.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,347.22, marking a 7.33-percent decrease for the month-to-date returns and a 24.06-percent loss for the year-to-date returns.
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