U.S.-listed Chinese firms traded roughly mixed

2018-03-09 01:38:57 GMT2018-03-09 09:38:57(Beijing Time) Xinhua English

NEW YORK, March 8 (Xinhua) - U.S.-listed Chinese companiestraded mixed on Thursday, with six of the top 10 stocks by weightin the S&P U.S. Listed China 50 index ending the day on andownbeat note.

Shares of TAL Education Group and shares of NetEase Inc., jumped2.58 percent and 2.33 percent respectively, leading the advancersin the top 10 stocks of the index, while shares of BeiGene Ltd.dropped 2.71 percent as the biggest laggard among the 10stocks.

Meanwhile, shares of Alibaba and shares of Baidu, China's twotech giants listed in the U.S. equity market, fell 0.99 percent and0.05 percent respectively on Thursday, while shares of JD.com,another famous e-commerce giant in China, gained 2.21 percent.

The Cboe Volatility index, widely considered the best fear gaugein the stock market, fell 6.87 percent to 16.54 on Thursday.

U.S. stocks ended higher on Thursday after wavering betweengains and losses, as investors awaited more details about the U.S.President Donald Trump's tariff plan.

At the close, the Dow Jones Industrial Average added 93.85points, or 0.38 percent, to 24,895.21. The S&P 500 increased12.17 points, or 0.45 percent, to 2,738.97. The Nasdaq CompositeIndex was up 31.30 points, or 0.42 percent, to 7,427.95.Enditem