Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road
Company

U.S.-listed Chinese firms trade mostly lower

March 18, 2021


Abstract : U.S.-listed Chinese companies traded mostly lower on Wednesday with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

NEW YORK, March 17 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Wednesday with six of the top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.

Shares of Pinduoduo and TAL Education Group slid 7.1 percent and 4.19 percent, respectively, leading the laggards in the top 10 stocks in the index.

Shares of Baidu and Alibaba Group Holding rose 3.88 percent and 2.82 percent, respectively, leading the gainers in the top 10 stocks.

U.S. stocks advanced on Wednesday as investors pored through a key policy decision from the Federal Reserve.

The Dow Jones Industrial Average increased 189.42 points, or 0.58 percent, to 33,015.37. The S&P 500 rose 11.41 points, or 0.29 percent, to 3,974.12. The Nasdaq Composite Index was up 53.64 points, or 0.40 percent, to 13,525.20.

The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 2.83 percent to 19.23.

As of Tuesday, 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 5,569.33, marking a 3.07-percent loss for the month-to-date returns and a 6.6-percent gain for the year-to-date returns. Enditem

Scan the QR code and push it to your mobile phone

Keyword: trade U.S.-listed Chinese firms

Reading:

​Baltic Exchange releases weekly shipping market report

China's Chongqing sees growing foreign trade in Jan-Feb

China's Shanxi sees soaring foreign trade in Jan-Feb

China to further promote regional opening-up with focus on FTZs

China establishes online education professional committee to regulate management

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial