Xinhua, New York :
U.S.-listed Chinese companies traded mostly higher on Wednesday with nine 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 BeiGene and Ctrip.com International advanced 8.32 percent and 4.16 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of NetEase and Alibaba Group Holding rose 2.58 percent and 2.35 percent, respectively, also among the best performers. Meanwhile, TAL Education Group stock closed unchanged. U.S. stocks tumbled on Wednesday as steep losses in Apple shares coupled with a decline in major bank shares weighed on the market.
U.S.-listed Chinese companies traded mostly higher on Wednesday with nine 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 BeiGene and Ctrip.com International advanced 8.32 percent and 4.16 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of NetEase and Alibaba Group Holding rose 2.58 percent and 2.35 percent, respectively, also among the best performers. Meanwhile, TAL Education Group stock closed unchanged. U.S. stocks tumbled on Wednesday as steep losses in Apple shares coupled with a decline in major bank shares weighed on the market.
