US-listed Chinese firms trade mostly higher

NEW YORK -- US-listed Chinese companies traded mostly higher on Monday with all of the top 10 stocks by weight in the S&P US Listed China 50 index ending the day on an upbeat note.

Shares of TAL Education Group and Baidu added 10.8 percent and 5.61 percent, respectively, leading the advancers in the top 10 stocks in the index.

US stocks closed higher on Monday, rebounding from the previous session's steep sell-off, as investors digested the latest key economic data.

The Dow Jones Industrial Average increased 143.78 points, or 0.51 percent, to 28,399.81. The S&P 500 was up 23.4 points, or 0.73 percent, to 3,248.92. The Nasdaq Composite Index was up 122.47 points, or 1.34 percent, to 9,273.4.

As of Friday, the S&P US Listed China 50 index stood at 3,087.71, marking a 2.51-percent decrease for the month-to-date returns and a 2.51-percent loss for the year-to-date returns.