U.S.-listed Chinese firms trade mostly lower

0 Comment(s)Print E-mail Xinhua, November 12, 2019
Adjust font size:

NEW YORK, Nov. 11 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Monday with eight 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 Pinduoduo and Baidu declined 3.03 percent and 2.96 percent, respectively, the top two laggards in the top 10 stocks of the index.

Shares of Trip.com Group and New Oriental Education & Technology Group rose 3.37 percent and 0.42 percent, respectively, the only two gainers in the top 10.

The U.S. stocks closed mixed on Monday as investors digested news that Boeing will resume deliveries of 737 MAX jets soon while still monitoring closely the new development of China-U.S. trade talks.

The Dow Jones Industrial Average rose 10.25 points, or 0.04 percent, to 27,691.49. The S&P 500 decreased 6.07 points, or 0.20 percent, to 3,087.01. The Nasdaq Composite Index decreased 11.03 points, or 0.13 percent, to 8,464.28.

As of Friday, the S&P U.S. Listed China 50 index stood at 3,076.97, marking a 6.29-percent increase for the month-to-date returns and a 34.29-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