US-listed Chinese firms trade mostly higher

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Xinhua, New York :
U.S.-listed Chinese companies traded mostly higher 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 an upbeat note.
Shares of TAL Education Group and New Oriental Education & Technology Group rose 1.90 percent and 1.11 percent, respectively, leading the advancers in the top 10 stocks of the index.
Shares of NetEase and Ctrip. com International slid 3.85 percent and 2.39 percent, respectively, leading the laggards in the top 10 stocks of the index.
U.S. stocks ended mixed on Friday in another wild trading session as volatility continued to rattle investors amid economic data.
The Dow Jones Industrial Average fell 76.42 points, or 0.33 percent, to 23,062.40. The S&P 500 was down 3.09 points, or 0.12 percent, to 2,485.74. The Nasdaq Composite Index was up 5.03 points, or 0.08 percent, to 6,584.52.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, dropped 5.41 percent to 28.34 on Friday.
As of Thursday, the S&P U.S. Listed China 50 index stood at 2,323.07, marking an 8.29-percent decrease for the month-to-date returns and a 24.84-percent loss for the year-to-date returns.
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