U.S.-listed Chinese firms trade mostly higher

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NEW YORK, May 10 (Xinhua) — U.S.-listed Chinese corporations traded mostly higher on Tuesday with eight of the highest 10 shares by weight within the S&P U.S. Listed China 50 index ending the day on an upbeat be aware.

Shares of BeiGene and NetEase surged 7.05 p.c and 4.12 p.c, respectively, main the gainers within the high 10 shares within the index.

Shares of NIO and Alibaba Group Holding slipped 0.81 p.c and 0.32 p.c, respectively, the one two decliners within the high 10 shares.

U.S. shares completed blended on Tuesday, following a three-day dropping streak.

The Dow Jones Industrial Average decreased 84.96 factors, or 0.26 p.c, to 32,160.74. The S&P 500 rose 9.81 factors, or 0.25 p.c, to 4,001.05. The Nasdaq Composite Index elevated 114.42 factors, or 0.98 p.c, to 11,737.67.

The Cboe Volatility Index, extensively thought-about as the perfect concern gauge within the inventory market, dipped 5.06 p.c to 32.99.

As of Monday, the S&P U.S. Listed China 50 index, which is designed to trace the efficiency of the 50 largest Chinese corporations listed on U.S. exchanges by whole market cap, stood at 2,043.52, marking a 13.19-percent slide for the month-to-date returns and a 31.39-percent loss for the year-to-date returns.



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