US-listed Chinese firms trade mostly lower

0 Comment(s)Print E-mail Xinhua, February 8, 2019
Adjust font size:

U.S.-listed Chinese companies traded mostly lower on Thursday with nine of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Shares of International, Ltd. and slid 5.31 percent and 4.50 percent, respectively, leading the laggards in the top 10 stocks of the index.

Shares of SINA Corporation and BeiGene, Ltd. fell 4.22 percent and 3.51 percent, respectively, also among the biggest decliners.

Yum China Holdings stock climbed 1.34 percent, the only gainer in the top 10 stocks of the index.

U.S. stocks fell on Thursday as fears over a possible slowdown of global growth and trade uncertainties reignited, weighing on the market.

The Dow Jones Industrial Average slid 220.77 points, or 0.87 percent, to 25,169.53. The S&P 500 was down 25.56 points, or 0.94 percent, to 2,706.05. The Nasdaq Composite Index dipped 86.93 points, or 1.18 percent, to 7,288.35.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, rose 6.44 percent to 16.37 on Thursday.

As of Wednesday, the S&P U.S. Listed China 50 index stood at 2,631.06, marking a 2.56-percent increase for the month-to-date returns and a 14.83-percent gain for the year-to-date returns.

Follow on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from