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U.S.-listed Chinese firms trade roughly flat

NEW YORK
2019-04-30 06:10

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NEW YORK, April 29 (Xinhua) -- U.S.-listed Chinese companies traded roughly flat on Monday with five 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 JD.com and Ctrip.com International gained 2.52 percent and 1.69 percent, respectively, leading the advancers in the top 10 stocks of the index.

Shares of Yum China Holdings and New Oriental Education & Technology Group went down 0.62 percent and 0.30 percent, respectively, leading the laggards in the top 10 stocks of the index.

U.S. stocks gained on Monday as Wall Street braced for a busy week with a new wave of corporate earnings reports.

The Dow Jones Industrial Average was up 11.06 points, or 0.04 percent, to 26,554.39. The S&P 500 rose 3.15 points, or 0.11 percent, to 2,943.03. The Nasdaq Composite Index increased 15.46 points, or 0.19 percent, to 8,161.85.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, increased 2.99 percent to 13.11 on Monday.

As of Friday, the S&P U.S. Listed China 50 index stood at 2,974.84, marking a 3.53-percent increase for the month-to-date returns and a 29.83-percent gain for the year-to-date returns.
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