Chinese ADRs and ETFs Jump. YINN, Baidu up 4%; Alibaba up 3%; XPeng, NIO, JD.Com up Around 2%

TigerOct 2, 2025 8:02 AM

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Chinese ETFs and ADRs jumped in premarket trading as signs of stabilisation in the property sector and gains in technology firms boosted sentiment.

YINN, Baidu up 4%; Alibaba up 3%; XPeng, NIO, JD.com up around 2%.

China’s home sales by the 100 largest developers edged up 0.4 per cent in September to 252.8 billion yuan (US$35.5 billion) from a year earlier, reversing a 17.6 per cent drop in August, data from China Real Estate Information Corporation showed on Wednesday.

The modest recovery follows nearly three years of incremental policy support, including recent eased purchase rules in Beijing and Shanghai.

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