NEW YORK, Aug. 31 (Xinhua) — U.S.-listed Chinese companies roughly traded higher on Tuesday 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 NetEase and Bilibili surged 8.7 percent and 8.23 percent, respectively, leading the gains in the top 10 stocks in the index.
Shares of Trip.com Group and Pinduoduo jumped 6.65 percent and 5.31 percent, respectively, also among the best performers in the top 10 stocks.
U.S. stocks finished lower on Tuesday, dragged by weakness in the tech and the energy sectors.
The Dow Jones Industrial Average dropped 39.11 points, or 0.11 percent, to 35,360.73. The S&P 500 fell 6.11 points, or 0.13 percent, to 4,522.68. The Nasdaq Composite Index decreased 6.65 points, or 0.04 percent, to 15,259.24.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, rose 1.79 percent to 16.48.
As of Monday, 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 3,617.17, marking a 5.72-percent loss for the month-to-date returns and a 30.77-percent slide for the year-to-date returns.