U.S.-listed Chinese firms trade higher

0 Comment(s)Print E-mail Xinhua, September 23, 2021
Adjust font size:

NEW YORK, Sept. 22 (Xinhua) -- U.S.-listed Chinese companies roughly traded higher on Wednesday with all 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 Bilibili and JD.com climbed 4.56 percent and 3.29 percent, respectively, leading the gains in the top 10 stocks in the index.

Shares of Pinduoduo and NIO rose 2.63 percent and 2.29 percent, respectively, also among the best performers in the top 10 stocks.

U.S. stocks finished higher on Wednesday even after the Federal Reserve indicated it may begin tapering asset purchases soon.

The Dow Jones Industrial Average increased 338.48 points, or 1.00 percent, to 34,258.32. The S&P 500 rose 41.45 points, or 0.95 percent, to 4,395.64. The Nasdaq Composite Index was up 150.45 points, or 1.02 percent, to 14,896.85.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dropped 14.33 percent at 20.87.

As of Tuesday, the S&P U.S. Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on U.S. exchanges by total market cap, stood at 3,454.28, marking an 8.05-percent loss for the month-to-date returns and a 33.88-percent slide 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