24H | Chinese ADRs Jump With NIO up over 6%, Alibaba up over 3%; Gold Stocks Shine With Coeur Mining up over 5%; Novo Nordisk Rises Nearly 2%

Chinese ADRs jumped in overnight trading. NIO up over 6%; Alibaba up over 3%; XPeng, PDD Holdings up about 2%; CHAU, JD.com up nearly 1%.

Nio Inc achieved record monthly deliveries last month, driven by strong performance from two sub-brands, particularly Onvo. The Chinese electric vehicle (EV) maker delivered 31,305 vehicles in August, surpassing the previous record of 31,138 set in December last year.

Alibaba reported a surge in revenue from AI, underscoring the steady progress it’s making against rivals in a post-DeepSeek Chinese development frenzy.

Novo Nordisk shares jumped nearly 2% in overnight trading.

Novo Nordisk said on Sunday its blockbuster weight-loss drug Wegovy cut the risk of heart attack, stroke or death by 57% versus Eli Lilly's LLY.N rival medicines Mounjaro and Zepbound in a real-world comparison of overweight and obese patients with cardiovascular disease but not diabetes.

Gold stocks jumped in overnight trading. Coeur Mining up over 5%; Harmony Gold up over 4%; Barrick Mining up over 3%.

Spot gold rose to 3,482/oz as traders weighed the future of the Federal Reserve and uncertainty around US President Donald Trump’s tariffs ahead of key US jobs data due later this week.