U.S.-listed Chinese firms trade mostly lower

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NEW YORK, June 28 (Xinhua) — U.S.-listed Chinese firms traded mostly lower 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 a downbeat word.

Shares of XPeng and BeiGene dipped 5.06 % and three.64 %, respectively, main the laggards within the prime 10 shares.

Shares of Trip.com Group and Yum China Holdings superior 10.79 % and 4.37 %, respectively, the one two gainers within the index.

U.S. shares dropped on Tuesday as market sentiment was dented by delicate information.

The Dow Jones Industrial Average fell 491.27 factors, or 1.56 %, to 30,946.99. The S&P 500 slid 78.56 factors, or 2.01 %, to three,821.55. The Nasdaq Composite Index decreased 343.01 factors, or 2.98 %, to 11,181.54.

The Cboe Volatility Index, broadly thought-about as the very best concern gauge within the inventory market, rose 5.23 % to twenty-eight.36.

As of Monday, 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 2,863.65, marking a 16.74-percent acquire for the month-to-date returns and a 3.85-percent loss for the year-to-date returns.



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