NEW YORK, Feb. 28 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Friday 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 Pinduoduo and Alibaba Group Holding rose 1.71 percent and 1.45 percent, respectively, leading the gainers in the top 10 stocks.
Shares of New Oriental Education & Technology Group and TAL Education declined 3.57 percent and 1.40 percent, respectively, the top two laggards in the top 10.
U.S. stocks closed mixed on Friday after a volatile trading session, as investors continued to flee riskier assets.
The Dow Jones Industrial Average was down 357.28 points, or 1.39 percent, to 25,409.36. The S&P 500 fell 24.54 points, or 0.82 percent, to 2,954.22. The Nasdaq Composite Index was up 0.89 points, or 0.01 percent, to 8,567.37.
As of Thursday, the S&P U.S. Listed China 50 index stood at 3,169.72, marking a 2.66-percent increase for the month-to-date returns and a 0.08-percent gain for the year-to-date returns.
Shares of Pinduoduo and Alibaba Group Holding rose 1.71 percent and 1.45 percent, respectively, leading the gainers in the top 10 stocks.
Shares of New Oriental Education & Technology Group and TAL Education declined 3.57 percent and 1.40 percent, respectively, the top two laggards in the top 10.
U.S. stocks closed mixed on Friday after a volatile trading session, as investors continued to flee riskier assets.
The Dow Jones Industrial Average was down 357.28 points, or 1.39 percent, to 25,409.36. The S&P 500 fell 24.54 points, or 0.82 percent, to 2,954.22. The Nasdaq Composite Index was up 0.89 points, or 0.01 percent, to 8,567.37.
As of Thursday, the S&P U.S. Listed China 50 index stood at 3,169.72, marking a 2.66-percent increase for the month-to-date returns and a 0.08-percent gain for the year-to-date returns.
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