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U.S.-Listed Chinese Firms Trade Mostly Higher

16777401858197 U.S.-listed Chinese companies traded mostly higher on Wednesday, with nine 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 Trip.com Group and BeiGene surged 6.13 percent and 5.01 percent, respectively, leading the advancers in the top 10 stocks.

   Shares of NIO dropped 5.96 percent, the lone decliner in the top 10 stocks.

   Wall Street’s major averages finished mixed on Wednesday, weighed by rising bond yields.

   The Dow Jones Industrial Average rose 5.14 points, or 0.02 percent, to 32,661.84. The S&P 500 sank 18.76 points, or 0.47 percent, to 3,951.39. The Nasdaq Composite Index shed 76.06 points, or 0.66 percent, to 11,379.48.

   The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 0.58 percent to 20.58.

   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 2,653.27, marking an 8.84-percent loss for February returns and a 3.25-percent increase for the year-to-date returns.  

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