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U.S.-listed Chinese firms trade mixed

NEW YORK
2019-04-12 05:46

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NEW YORK, April 11 (Xinhua) -- U.S.-listed Chinese companies traded mixed on Thursday with half 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 ZTO Express and NetEase rose 0.58 percent and 0.23 percent, respectively, leading the winners in the top 10 stocks of the index.
 
Yet shares of 58.com and Baidu fell 3.99 percent and 3.3 percent respectively, leading the loser in the top 10 stocks of the index.
 
U.S. stocks ended mixed on Thursday, as investors are waiting for the latest corporate earnings season amid downbeat forecasts and digested a batch of latest economic data.
The Dow Jones Industrial Average decreased 14.11 points, or 0.05 percent, to 26,143.05. The S&P 500 increased 0.11 points, or 0.0038 percent, to 2,888.32. The Nasdaq Composite Index decreased 16.88 points, or 0.21 percent, to 7,947.36.
 
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 2.11 percent to 13.02 on Thursday.
 
As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,982.58, marking a 3.80-percent increase for the month-to-date returns and a 30.17-percent gain for the year-to-date returns. Enditem
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