Shares of Alibaba Group Holding and ZTO Express slid 2.4 percent and 2.25 percent, respectively, leading the losses in the top 10 stocks in the index.
Pinduoduo and Baidu sank 2.2 percent and 1.97 percent, respectively, also among the worst performers in the top 10 stocks.
U.S. stocks ended Wednesday's volatile session higher as investors digested a slew of earnings reports.
The Dow Jones Industrial Average increased 165.44 points, or 0.62 percent, to 27,005.84. The S&P 500 rose 18.72 points, or 0.57 percent, to 3,276.02. The Nasdaq Composite Index climbed 25.76 points, or 0.24 percent, to 10,706.13.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 2.09 percent to 24.32.
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 4,266.98, marking a 7.57-percent increase for the month-to-date returns and a 34.72-percent gain for the year-to-date returns.
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