NEW YORK, May 16 (Xinhua) -- 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 an upbeat note.
Shares of NetEase and ZTO Express climbed 6.51 percent and 3.83 percent respectively, leading the gainers in the top 10 stocks of the index.
Shares of Alibaba and Ctrip.com International fell 1.14 percent and 0.39 percent respectively, the top two decliners in the top 10.
U.S. stocks closed higher on Thursday as investors weigh strong earnings from Walmart and Cisco Systems against global trade prospects.
The Dow Jones Industrial Average rose 214.66 points, or 0.84 percent, to 25,862.68. The S&P 500 was up 25.36 points, or 0.89 percent, to 2,876.32. The Nasdaq Composite Index increased 75.90 points, or 0.97 percent, to 7,898.05.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,833.61, marking a 6.04-percent decrease for the month-to-date returns and a 23.67-percent gain for the year-to-date returns. Enditem
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