U.S.-listed Chinese companies traded broadly lower on Thursday with all 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 BeiGene and TAL education group plunged 5.68 percent and 4.85 percent, respectively, leading the laggards.
Shares of Baidu fell 4.65 percent, ranking the third among the red tally.
U.S. stocks closed with steep losses on Thursday following Apple's slash of its first-quarter revenue forecast and downbeat economic data, stoking fears of slowing global economic growth.
The Dow Jones Industrial Average closed 600.02 points, or 2.83 percent, dramatically lower to 22,686.49. The S&P 500 slumped 62.14 points, or 2.48 percent, to 2,447.89. The Nasdaq Composite Index plummeted 202.43 points, or 3.04 percent, to 6,463.50.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 9.6 percent to 25.45 on Thursday.
As of Thursday, the S&P U.S. Listed China 50 index stood at 2,295.78, marking a 0.2-percent increase for the month-to-date returns and a 28.65-percent loss for the year-to-date returns.
Shares of BeiGene and TAL education group plunged 5.68 percent and 4.85 percent, respectively, leading the laggards.
Shares of Baidu fell 4.65 percent, ranking the third among the red tally.
U.S. stocks closed with steep losses on Thursday following Apple's slash of its first-quarter revenue forecast and downbeat economic data, stoking fears of slowing global economic growth.
The Dow Jones Industrial Average closed 600.02 points, or 2.83 percent, dramatically lower to 22,686.49. The S&P 500 slumped 62.14 points, or 2.48 percent, to 2,447.89. The Nasdaq Composite Index plummeted 202.43 points, or 3.04 percent, to 6,463.50.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 9.6 percent to 25.45 on Thursday.
As of Thursday, the S&P U.S. Listed China 50 index stood at 2,295.78, marking a 0.2-percent increase for the month-to-date returns and a 28.65-percent loss for the year-to-date returns.
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