U.S.-listed Chinese firms trade mostly higher

NEW YORK, Nov. 7 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Wednesday with seven 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 Alibaba and NetEase rose 3.43 percent and 2.80 percent respectively, leading the gainers in the top 10 stocks of the index.

Shares of BeiGene and Yum China declined 0.93 percent and 0.64 percent respectively, leading the laggards in the top 10 stocks of the index.

U.S. stocks d higher on Wednesday after the results of the country's midterm elections came out as expected.

The Dow Jones Industrial Average was up 545.29 points, or 2.13 percent, to 26,180.30. The S&P 500 rose 58.44 points, or 2.12 percent, to 2,813.89. The Nasdaq Composite Index rose 194.79 points, or 2.64 percent, to 7,570.75.

As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,560.07, marking a 2.69-percent increase for the month-to-date returns and a 17.18-percent loss for the year-to-date returns.

[ Editor: WPY ]


View all

Comments are filtered for language and registration is not required. Guangming Online makes no guarantee of comments' factual accuracy. By posting your comment you agree to our house rules.