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U.S.-listed Chinese firms trade mostly higher

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U.S.-listed Chinese firms trade mostly higher

NEW YORK, April 4 (Xinhua) — U.S.-listed Chinese corporations traded mostly higher on Monday with 9 of the highest 10 shares by weight within the S&P U.S. Listed China 50 index ending the day on an upbeat observe.

Shares of Bilibili and Pinduoduo surged 16.55 p.c and 15.59 p.c, respectively, main the gainers within the prime 10 shares within the index.

Shares of Yum China Holdings slipped 0.27 p.c, the lone decliner within the prime 10 shares.

U.S. shares ended higher on Monday, bolstered by strong features in tech names.

The Dow Jones Industrial Average rose 103.61 factors, or 0.30 p.c, to 34,921.88. The S&P 500 was up 36.78 factors, or 0.81 p.c, to 4,582.64. The Nasdaq Composite Index jumped 271.05 factors, or 1.90 p.c, to 14,532.55.

The Cboe Volatility Index, extensively thought-about as the perfect concern gauge within the inventory market, dipped 5.4 p.c to 18.57.

As of Friday, 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 complete market cap, stood at 2,468.77, marking a 5.13-percent achieve for the month-to-date returns and a 17.11-percent loss for the year-to-date returns.



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