Shares of NetEase and Trip.com Group shed 4.7 percent and 3.96 percent, respectively, leading the laggards in the top 10 stocks in the index.
Shares of ZTO Express and New Oriental Education & Technology Group rose 0.28 percent and 0.22 percent, respectively, the only two gainers in the top 10 stocks.
Wall Street's major averages finished lower on Thursday following disappointing U.S. jobless claims numbers.
The Dow Jones Industrial Average fell 135.39 points, or 0.50 percent, to 26,734.71. The S&P 500 dipped 10.99 points, or 0.34 percent, to 3,215.57. The Nasdaq Composite Index sank 76.66 points, or 0.73 percent, to 10,473.83.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, rose 0.86 percent to 28.
As of Wednesday, 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 4,239.62, marking a 6.88-percent increase for the month-to-date returns and a 33.86-percent gain for the year-to-date returns.
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