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U.S.-listed Chinese firms trade mostly higher

​NEW YORK
2019-01-25 08:57

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U.S.-listed Chinese companies traded mostly higher on Thursday with seven of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a high note.

Shares of Ctrip.com International rallied 4.62 percent, while shares of Yum China Holdings rose 3.07 percent, leading the winners.

Shares of BeiGene fell 5.69 percent, leading the laggards.

U.S. stocks ended mixed on Thursday, as stronger-than-expected corporate performance in U.S. airlines and electronics makers propped up the market amid deepening anxiety about global trade tensions and U.S. economic growth.

The Dow Jones Industrial Average fell 21.21 points, or 0.09 percent to 24,554.41. The S&P 500 rose 3.66 points, or 0.14 percent to 2,642.36. The Nasdaq Composite Index jumped 47.69 points, or 0.68 percent to 7,073.46.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, fell 3.23 percent to 18.89 on Thursday.

As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,445.91, marking a 6.75-percent increase for the month-to-date returns and a 26.43-percent loss for the year-to-date returns. Enditem
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