February 28, 2014 (Chinavestor) The S&P500 rose to a record high on Thursday, setting a positive tone for the rest of the world. US listed Chinese stocks advanced. Baidu Inc. (NASDAQ:BIDU) rose $6.0 and Sinopec (NYSE:SNP), China's largest oil refiner, followed suit. These two industry leaders helped most technology and energy stocks to join the rally. Despite a strong market sentiment in the US, Chinese stocks were looking for direction in Asia on Friday. The Hang Seng Index (INDEXHANGSENG:.HSI) saw a volatile session on Friday. The index was virtually unchanged and so was the Shanghai Composite Index (SHA:000001).