NEW YORK, June 2 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Thursday with eight 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 Bilibili and XPeng soared 10.91 percent and 9.73 percent, respectively, leading the gainers in the top 10 stocks in the index.
Shares of BeiGene and Yum China Holdings slipped 0.15 percent and 0.07 percent, respectively, the only two decliners in the top 10 stocks.
U.S. stocks rallied on Thursday, snapping a two-day losing streak.
The Dow Jones Industrial Average increased 435.05 points, or 1.33 percent, to 33,248.28. The S&P 500 was up 75.59 points, or 1.84 percent, to 4,176.82. The Nasdaq Composite Index rose 322.44 points, or 2.69 percent, to 12,316.90.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 3.78 percent to 24.72.
As of Wednesday, 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 2,431.63, marking a 0.88-percent slide for the month-to-date returns and an 18.36-percent loss for the year-to-date returns.