U.S.-listed Chinese companies traded mostly lower on Wednesday 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 Ctrip.com International and Yum China Holdings dipped 3.43 percent and 1.78 percent, respectively, leading the laggards in the top 10 stocks of the index.
ZTO Express stock advanced 5.60 percent, the best performer among the top 10 stocks of the index.
U.S. equities ended mixed on Wednesday after the Federal Reserve cut interest rates for the second time this year.
The Dow Jones Industrial Average rose 36.28 points, or 0.13 percent, to 27,147.08. The S&P 500 increased 1.03 points, or 0.03 percent, to 3,006.73. The Nasdaq Composite Index fell 8.62 points, or 0.11 percent, to 8,177.39.
The Cboe Volatility Index, widely considered the best fear gauge in the stock market, dipped 3.39 percent to 13.95 on Wednesday.
As of Tuesday, the S&P U.S. Listed China 50 index stood at 2,908.46, marking a 2.85-percent increase for the month-to-date returns and a 26.93-percent gain for the year-to-date returns.
