U.S.-listed Chinese firms trade higher

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NEW YORK, Oct. 13 (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 Pinduoduo and Bilibili climbed 4.34 percent and 3.39 percent, respectively, leading the gains in the top 10 stocks in the index.

Shares of Baidu and JD.com both rose 2.75 percent, also among the best performers in the top 10 stocks.

U.S. stocks finished mixed on Wednesday as investors parsed the Federal Reserve's meeting minutes and a slew of economic data.

The Dow Jones Industrial Average lost 0.53 points, or 0.0015 percent, to 34,377.81. The S&P 500 increased 13.15 points, or 0.30 percent, to 4,363.80. The Nasdaq Composite Index jumped 105.71 points, or 0.73 percent, to 14,571.64.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dropped 6.1 percent to 18.64.

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 3,598.17, marking a 4.44-percent gain for the month-to-date returns and a 31.13-percent slide for the year-to-date returns. Enditem

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