U.S.-listed Chinese firms trade higher

0 Comment(s)Print E-mail Xinhua, January 16, 2019
Adjust font size:

NEW YORK, Jan. 15 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Tuesday with all 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 BeiGene, Ltd. and New Oriental Education & Technology Group advanced 4.57 percent and 4.38 percent, respectively, leading the gainers in the top 10 stocks of the index.

Shares of TAL Education Group and Baidu, Inc. climbed 3.59 percent and 3.01 percent, respectively, also among the best performers.

U.S. stocks advanced on Tuesday as major tech shares rebounded, underpinning the market.

The Dow Jones Industrial Average increased 155.75 points, or 0.65 percent, to 24,065.59. The S&P 500 was up 27.69 points, or 1.07 percent, to 2,610.30. The Nasdaq Composite Index jumped 117.92 points, or 1.71 percent, to 7,023.83.

The Cboe Volatility index, widely considered the best fear gauge in the stock market, dropped 2.46 percent to 18.60 on Tuesday.

As of Monday, the S&P U.S. Listed China 50 index stood at 2,367.69, marking a 3.33-percent increase for the month-to-date returns and a 3.33-percent gain for the year-to-date returns. Enditem

Follow China.org.cn 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 China.org.cnMobileRSSNewsletter