NEW YORK, May 7 (Xinhua) -- U.S.-listed Chinese companies traded mostly higher on Friday, with eight of all top 10 stocks by weight in the S&P U.S. Listed China 50 index ending the day on an upbeat note.
Shares of SINA rallied 4.76 percent to close at 98.61 U.S. dollars apiece, the biggest advancer among the 10 stocks. Meanwhile, stocks of Chinese bio-pharmaceutical company BeiGene, Ltd., the biggest laggard, lost 0.98 percent in market closing.
As of May 4, the S&P U.S. Listed China 50 index stood at 3,086.24, marking a 0.81-percent increase for the month-to-date returns and a 0.15-percent loss for the year-to-date returns.
U.S. stocks closed higher on Monday as Wall Street continued to digest the country's nonfarm payrolls report for April.
The Dow Jones Industrial Average was up 94.81 points, or 0.39 percent, to 24,357.32. The S&P 500 was up 9.21 points, or 0.35 percent, to 2,672.63. The Nasdaq Composite Index was up 55.60 points, or 0.77 percent, to 7,265.21.
