Chinese ETFs and ADRs Jump; KE Holdings up 3%; NIO, Alibaba up 2%; Li Auto, WeRide up 1%

TigerSep 2, 2025 8:05 AM

Chinese ETFs and ADRs jumped in premarket trading on Tuesday.

KE Holdings rose 3%; NIO, Alibaba up 2%; Li Auto, WeRide up 1%.

The Chinese EV maker Nio recorded its best-ever monthly deliveries, sending 31,305 vehicles to customers last month, representing year-on-year growth of 55% and an increase of 49% from July, after the company surpassed the record it set in December last year, according to a CnEVPost report.

The performance was driven by sub-brands Onvo and Firefly, both of which hit record highs. Onvo delivered 16,434 units, including 10,575 of the new L90 SUV, which launched on July 31 and began deliveries the following day.

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