NEW YORK, April 1 (Xinhua) — U.S.-listed Chinese firms roughly traded higher on Friday with all the highest 10 shares by weight within the S&P U.S. Listed China 50 index ending the day on a downbeat notice.
Shares of Bilibili and NetEase surged 7.97 p.c and 6.82 p.c, respectively, main the good points within the prime 10 shares within the index.
Shares of Baidu and Pinduoduo climbed 6.55 p.c and 6.33 p.c, respectively, additionally among the many finest performers within the prime 10 shares.
U.S. shares rose modestly on Friday as traders parsed the nation’s March payrolls knowledge.
The Dow Jones Industrial Average elevated 139.92 factors, or 0.40 p.c, to 34,818.27. The S&P 500 rose 15.45 factors, or 0.34 p.c, to 4,545.86. The Nasdaq Composite Index was up 40.98 factors, or 0.29 p.c, to 14,261.50.
The Cboe Volatility Index, extensively thought-about as one of the best concern gauge within the inventory market, dipped 4.52 p.c to 19.63.
As of Thursday, the S&P U.S. Listed China 50 index, which is designed to trace the efficiency of the 50 largest Chinese firms listed on U.S. exchanges by whole market cap, stood at 2,348.30, marking a 12.67-percent slide for the March returns and a 21.16-percent loss for the year-to-date returns.
