U.S.-listed Chinese firms trade mostly lower
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E-mail Xinhua, February 15, 2020
NEW YORK, Feb. 14 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Friday with seven 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 ZTO Express decreased 1.4 percent, the top laggard in the top 10 stocks in the index.
Shares of New Oriental Education & Technology Group and TAL Education Group increased 1.93 percent and 0.58 percent, respectively, leading the gainers in the top 10 stocks.
U.S. stocks closed mixed on Friday, as investors digested the latest economic data as well as quarterly corporate earnings reports.
The Dow Jones Industrial Average was down 25.23 points, or 0.09 percent, to 29,398.08. The S&P 500 was up 6.22 points, or 0.18 percent, to 3,380.16. The Nasdaq Composite Index rose 19.21 points, or 0.20 percent, to 9,731.18.
As of Thursday, the S&P U.S. Listed China 50 index stood at 3,416.68, marking a 10.65-percent increase for the month-to-date returns and a 7.88-percent gain for the year-to-date returns. Enditem
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