NEW YORK, Feb. 27 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Thursday with eight of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
Shares of NetEase and JD.com declined 6.92 percent and 3.81 percent, respectively, leading the laggards in the top 10 stocks.
Shares of Pinduoduo and Yum China Holdings added 1.88 percent and 0.55 percent, respectively, the only two gainers in the top 10.
U.S. stocks closed sharply lower on Thursday as investors fled the stocks market and flocked into safe-haven assets.
The Dow Jones Industrial Average fell 1,190.95 points, or 4.42 percent, to 25,766.64. The S&P 500 was down 137.63 points, or 4.42 percent, to 2,978.76. The Nasdaq Composite Index was down 414.29 points, or 4.61 percent, to 8,566.48.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 3,245.49, marking a 5.11-percent increase for the month-to-date returns and a 2.47-percent gain for the year-to-date returns.
Shares of NetEase and JD.com declined 6.92 percent and 3.81 percent, respectively, leading the laggards in the top 10 stocks.
Shares of Pinduoduo and Yum China Holdings added 1.88 percent and 0.55 percent, respectively, the only two gainers in the top 10.
U.S. stocks closed sharply lower on Thursday as investors fled the stocks market and flocked into safe-haven assets.
The Dow Jones Industrial Average fell 1,190.95 points, or 4.42 percent, to 25,766.64. The S&P 500 was down 137.63 points, or 4.42 percent, to 2,978.76. The Nasdaq Composite Index was down 414.29 points, or 4.61 percent, to 8,566.48.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 3,245.49, marking a 5.11-percent increase for the month-to-date returns and a 2.47-percent gain for the year-to-date returns.
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