US-listed Chinese firms trade mostly lower

22 September, 2019 12:00 AM printer

NEW YORK: US-listed Chinese companies traded mostly lower on Friday with seven 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 Baidu and Yum China Holdings slid 2.42 percent and 2.36 percent, respectively, leading the laggards in the top 10 stocks of the index, reports Xinhua.

BeiGene stock rose 1.93 percent, outpacing the rest among the top 10 stocks of the index.

U.S. equities gave up earlier gains to finish lower on Friday as major tech shares declined, dragging down the market. The Dow Jones Industrial Average fell 159.72 points, or 0.59 percent, to 26,935.07. The S&P 500 was down 14.72 points, or 0.49 percent, to 2,992.07.