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U.S.-listed Chinese companies trade mostly higher

Xinhua,May 10, 2018 Adjust font size:

NEW YORK, May 9 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Wednesday, with six of all top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.

Shares of Ctrip.com increased 1.69 percent to close at 43.39 U.S. dollars apiece, the biggest advancer among the 10 stocks. Meanwhile, stocks of SINA, the biggest laggard, lost 10.14 percent in market closing.

As of Tuesday, the S&P U.S. Listed China 50 index stood at 3,170.48, marking a 3.56-percent increase for the month-to-date returns and a 2.57-percent gain for the year-to-date returns.

U.S. stocks closed higher on Wednesday as Wall Street continued to digest U.S. President Donald Trump's decision to withdraw the Iran nuclear deal.

The Dow Jones Industrial Average was up 182.33 points, or 0.75 percent, to 24,542.54. The S&P 500 was up 25.87 points, or 0.97 percent, to 2,697.79. The Nasdaq Composite Index was up 73 points, or 1 percent, to 7,339.91. Enditem

 

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