NEW YORK, June 10 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Friday 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 NIO and BeiGene dipped 3.61 percent and 2.1 percent, respectively, leading the laggards in the top 10 stocks in the index.
Shares of Bilibili and Pinduoduo rose 3.08 percent and 2.13 percent, respectively, leading the gainers in the top 10 stocks.
U.S. stocks fell sharply on Friday as investors fretted about surging inflation.
The Dow Jones Industrial Average tumbled 880.00 points, or 2.73 percent, to 31,392.79. The S&P 500 decreased 116.96 points, or 2.91 percent, to 3,900.86. The Nasdaq Composite Index shed 414.21 points, or 3.52 percent, to 11,340.02.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, surged 6.46 percent to 27.75.
As of Thursday, 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 2,630.66, marking a 7.24-percent gain for the month-to-date returns and an 11.68-percent loss for the year-to-date returns.