Shares of JD.com and Pinduoduo rose 2.41 percent and 1.69 percent, respectively, leading the advancers in the top 10 stocks in the index.
Shares of TAL Education Group and New Oriental Education & Technology Group slid 1.14 percent and 0.61 percent, respectively, the only two decliners in the top 10 stocks.
U.S. stocks closed higher on Thursday, bolstered by solid gains in the financials sector.
The Dow Jones Industrial Average rallied 377.37 points, or 1.62 percent, to 23,625.34. The S&P 500 rose 32.50 points, or 1.15 percent, to 2,852.50. The Nasdaq Composite Index was up 80.55 points, or 0.91 percent, to 8,943.72.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, slipped 7.57 percent to 32.61.
As of Wednesday, the S&P U.S. Listed China 50 index stood at 3,343.21, marking a 3.4-percent increase for the month-to-date returns and a 5.56-percent gain for the year-to-date returns.
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