U.S.-listed Chinese companies traded mostly higher on Friday 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 BeiGene, Ltd. and TAL Education Group advanced 2.54 percent and 2.52 percent, respectively, leading the gainers in the top 10 stocks of the index.
Shares of Yum China Holdings and Baidu, Inc. dipped 2.90 percent and 0.98 percent, respectively, the only two decliners in the top 10 stocks of the index.
U.S. stocks ended mixed on Friday as concerns over trade uncertainties and global economic slowdown lingered, capping market gains.
The Dow Jones Industrial Average was down 63.20 points, or 0.25 percent, to 25,106.33. The S&P 500 was up 1.83 points, or 0.07 percent, to 2,707.88. The Nasdaq Composite Index rose 9.85 points, or 0.14 percent, to 7,298.20.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 3.97 percent to 15.72 on Friday.
As of Thursday, the S&P U.S. Listed China 50 index stood at 2,560.33, marking a 0.20-percent decrease for the month-to-date returns and an 11.74-percent gain for the year-to-date returns. Enditem