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U.S.-listed Chinese firms trade mostly higher

NEW YORK
2019-10-22 05:07

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NEW YORK, Oct. 21 (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 JD.com and Ctrip.com International gained 3.68 percent and 3.06 percent, respectively, leading the gainers in the top 10 stocks of the index.

Shares of NetEase declined 1.63 percent, the only laggard in the top 10.

U.S. stocks closed higher Monday as optimism around China-U.S. trade talks lifted investors' sentiment.

The Dow Jones Industrial Average rose 57.44 points, or 0.21 percent, to 26,827.64. The S&P 500 rose 20.52 points, or 0.69 percent, to 3,006.72. The Nasdaq Composite Index rose 73.44 points, or 0.91 percent, to 8,162.99.

As of Friday, the S&P U.S. Listed China 50 index stood at 2,783.32, marking a 2.02-percent increase for the month-to-date returns and a 21.47-percent gain for the year-to-date returns.
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