NEW YORK, Feb. 15 (Xinhua) -- U.S.-listed Chinese companies traded mostly lower on Friday, with nine 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 NetEase and Baidu sharply fell more than 5.6 percent and more than 2.3 percent respectively, leading the losers.
Shares of New Oriental Education & Technology Group rose 0.60 percent around market close, the only stock that extended gains among the top 10 Chinese stocks.
U.S. stocks ended higher on Friday, as financial stocks outperformed and the market has built up hopes in the possibility of easing U.S.-China trade tensions, after the two sides decided to continue bilateral talks next week.
The Dow Jones Industrial Average was up 443.86 points, or 1.74 percent, to 25,883.25. The S&P 500 increased 29.87 points, or 1.09 percent, to 2,775.60. The Nasdaq Composite Index rose 45.46 points, or 0.61 percent, to 7,472.41.
The Cboe Volatility index, widely considered the best fear gauge in the stock market, dropped 8.08 percent to 14.91 on Friday.
As of Thursday, the S&P U.S. Listed China 50 index stood at 2,644.79, marking a 3.10-percent increase for the month-to-date returns and a 15.43-percent gain for the year-to-date returns.
