NEW YORK, July 1 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Monday with nine 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 Ctrip.com International and 58.com climbed 4.74 percent and 3.41 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of both Alibaba Group Holding and ZTO Express rose more than 3 percent, also among the best performers.
Stock of Yum China Holdings, however, dipped 0.26 percent, the only decliner in the top 10 stocks of the index.
U.S. stocks advanced on Monday, boosted by rallying tech shares.
The Dow Jones Industrial Average jumped 117.47 points, or 0.44 percent, to 26,717.43. The S&P 500 increased 22.57 points, or 0.77 percent, to 2,964.33. The Nasdaq Composite Index was up 84.92 points, or 1.06 percent, to 8,091.16.
The Cboe Volatility Index, widely considered the best fear gauge in the stock market, decreased 6.76 percent to 14.06 on Monday.
As of Friday, the S&P U.S. Listed China 50 index stood at 2,773.93, marking a 9.98-percent increase for the month-to-date returns and a 21.06-percent gain for the year-to-date returns. Enditem
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