Shares of Trip.com Group and Yum China Holdings soared 7.36 percent and 3.8 percent, respectively, leading the gainers in the top 10 stocks in the index.
Shares of Pinduoduo and ZTO Express decreased 2.32 percent and 0.87 percent, respectively, leading the laggards in the top 10 stocks.
U.S. stocks finished higher on Wednesday as market mood was bolstered by encouraging news about an experimental COVID-19 vaccine and a slew of better-than-expected earnings.
The Dow Jones Industrial Average increased 227.51 points, or 0.85 percent, to 26,870.10. The S&P 500 climbed 29.04 points, or 0.91 percent, to 3,226.56. The Nasdaq Composite Index was up 61.91 points, or 0.59 percent, to 10,550.49.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 5.96 percent to 27.76.
As of Tuesday, 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 4,240.19, marking a 6.89-percent increase for the month-to-date returns and a 33.88-percent gain for the year-to-date returns.
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