U.S.-listed Chinese firms trade mostly higher

NEW YORK, April 30 (Xinhua) -- U.S.-listed Chinese companies traded generally higher on Monday, with 6 of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.

Shares of Yum China Holdings and shares of TAL Education Group rose 1.69 percent and 1.48 percent respectively, leading the advancers in the top 10 stocks of the index, while shares of BeiGene lost 2.46 percent as the biggest laggard among the 10 stocks.

At Monday's close, shares of Alibaba, another Chinese famous e-commerce giant listed in the U.S. equity market, rose 0.71 percent to 178.54 U.S. dollars apiece.

U.S. stocks closed lower on Monday as investors digested a slew of corporate earnings reports as well as major economic data.

At the close, the Dow Jones Industrial Average was down 148.04 points, or 0.61 percent, to 24,163.15. The S&P 500 decreased 21.86 points, or 0.82 percent, to 2,648.05. The Nasdaq Composite Index fell 53.53 points, or 0.75 percent, to 7,066.27.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 3.37 percent to 15.93 on Monday.

As of Friday, the S&P U.S. Listed China 50 index stood at 3,037.47, marking a 1.49-percent decline for the month-to-date returns and a 1.73-percent decrease for the year-to-date returns. Enditem