Chinese equities listed in the United States gained in midday trade in New York despite falls in the broader market after the release of worse than expected jobless data.
The US unemployment rate in September remained unchanged at 5.1 per cent, despite the addition 142,000 jobs, far below the 198,000 average over the past nine months, the labour department said on Friday.
The weak report dragged the three key US indices lower at noon. The Dow Jones Industrial Average was off 0.46 per cent, the Nasdaq fell 0.31 per cent and the S&P 500 was down 0.48 per cent.
In contrast, the American depositary receipts of Chinese companies delivered a strong performance.
China’s leading travel website Qunar Cayman Islands jumped as much as 11.5 per cent to US$33.46. Another major travel portal Ctrip was up 5.75 per cent to US$66.20, lifted by new efforts from Beijing to boost tourism to Macau.
Jumei International Holding, an online retailer of beauty products, climbed 7.36 per cent to US$10.29.