Shares of New Oriental Education & Technology Group and Bilibili dropped 5.81 percent and 4.04 percent, respectively, leading the laggards in the top 10 stocks in the index.
Shares of NIO and Baidu slid 3.41 percent and 3.39 percent, respectively, also among the worst performers in the top 10 stocks.
U.S. stocks tumbled on Wednesday as a key inflation gauge showed higher-than-anticipated price pressures and unnerved investors.
The Dow Jones Industrial Average plunged 681.50 points, or 1.99 percent, to end at 33,587.66. The S&P 500 decreased 89.06 points, or 2.14 percent, to 4,063.04. The Nasdaq Composite Index shed 357.75 points, or 2.67 percent, to 13,031.68.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, spiked 26.33 percent to 27.59.
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 4,541.46, marking a 7.96-percent loss for the month-to-date returns and a 13.08-percent slide for the year-to-date returns.
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