Shares of Pinduoduo and Baidu rose 6.09 percent and 3.4 percent, respectively, leading the gainers in the top 10 stocks in the index.
Shares of New Oriental Education & Technology Group erased 0.36 percent, the only laggard in the top 10.
U.S. stocks closed higher on Monday as investors' sentiment was lifted after China and the United States agreed on the text of a phase-one economic and trade agreement.
The Dow Jones Industrial Average was up 100.51 points, or 0.36 percent, to 28,235.89. The S&P 500 increased 22.65 points, or 0.71 percent, to 3,191.45. The Nasdaq Composite Index rose 79.35 points, or 0.91 percent, to 8,814.23.
As of Friday, the S&P U.S. Listed China 50 index stood at 3,077.47, marking a 1-percent increase for the month-to-date returns and a 34.31-percent gain for the year-to-date returns.
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