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U.S.-listed Chinese firms trade lower
2022-04-13 00:00:00.0     星报-世界     原网页

       

       NEW YORK, April 12 (Xinhua) -- U.S.-listed Chinese companies roughly traded lower on Tuesday with all 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 Bilibili and XPeng dropped 9.54 percent and 3.08 percent, respectively, leading the losses in the top 10 stocks in the index.

       Shares of NetEase and Pinduoduo slipped 2.92 percent and 1.78 percent, respectively, also among the worst performers in the top 10 stocks.

       U.S. stocks fell on Tuesday after data showed U.S. inflation surged to a four-decade high in March.

       The Dow Jones Industrial Average decreased 87.72 points, or 0.26 percent, to 34,220.36. The S&P 500 was down 15.08 points, or 0.34 percent, to 4,397.45. The Nasdaq Composite Index fell 40.39 points, or 0.30 percent, to 13,371.57.

       The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 0.45 percent to 24.26.

       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 2,332.11, marking a 0.69-percent slide for the month-to-date returns and a 21.7-percent loss for the year-to-date returns.

       


标签:综合
关键词: Listed     Pinduoduo     Bilibili     Tuesday     XPeng     Shares     percent     stocks