NEW YORK, July 5 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Thursday, with six of the 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on a downbeat note.
Shares of TAL Education Group and New Oriental Education & Technology Group, dropped 4.73 percent and 3.03 percent, respectively, leading the laggards in the top 10 stocks of the index.
Shares of BeiGene Ltd. surged 3.36 percent, leading the advancers among the 10 stocks.
U.S. stocks ended higher on Thursday following the Independence Day holiday as tech shares rallied, underpinning the market.
The Dow Jones Industrial Average rose 181.92 points, or 0.75 percent, to 24,356.74. The S&P 500 rose 23.39 points, or 0.86 percent, to 2,736.61. The Nasdaq Composite Index was up 83.75 points, or 1.12 percent, to 7,586.43.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, decreased 7.25 percent to 14.97 on Thursday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 3,198.70, marking a 0.03-percent decrease for the month-to-date returns and a 3.48-percent gain for the year-to-date returns. Enditem
