Shares of JD.com and Alibaba Group Holding shed 5.04 percent and 3.58 percent, respectively, leading the laggards in the top 10 stocks in the index.
Shares of Pinduoduo and Trip.com Group rose 1.12 percent and 0.15 percent, respectively, the only two gainers in the top 10 stocks.
Wall Street's major averages erased strong earlier gains to finish mixed on Monday as investors grew concerned over a continued spike in coronavirus infections in the United States.
The Dow Jones Industrial Average rose 10.50 points, or 0.04 percent, to 26,085.80. The S&P 500 dropped 29.82 points, or 0.94 percent, to 3,155.22. The Nasdaq Composite Index shed 226.60 points, or 2.13 percent, to 10,390.84.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, soared 17.96 percent to 32.19.
As of Friday, the S&P U.S. Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on U.S. exchanges by total market cap, stood at 4,358.29, marking a 9.87-percent increase for the month-to-date returns and a 37.61-percent gain for the year-to-date returns.
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