US-listed Chinese companies traded mostly higher on Monday, with seven 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 NIO and Alibaba Group Holding advanced 8.96 percent and 2.02 percent, respectively, leading the gainers in the top 10 stocks in the index.
Shares of NetEase and Yum China Holdings slid 2.83 percent and 1.09 percent, respectively, leading the decliners in the top 10 stocks.
Wall Street's major averages finished higher on Monday as the markets braced for the US presidential election.
The Dow Jones Industrial Average jumped 423.45 points, or 1.60 percent, to 26,925.05. The S&P 500 increased 40.28 points, or 1.23 percent, to 3,310.24. The Nasdaq Composite Index was up 46.02 points, or 0.42 percent, to 10,957.61.
The Cboe Volatility Index, widely considered as the best fear gauge in the stock market, dipped 2.34 percent to 37.13.
As of Friday, the S&P US Listed China 50 index, which is designed to track the performance of the 50 largest Chinese companies listed on US exchanges by total market cap, stood at 4,418.93, marking a 3.02-percent increase for the month-to-date returns and a 39.52-percent gain for the year-to-date returns.