Chinese ADRs rallied in Tuesday trading.
KE Holdings soared 8.4%; Li Auto rose 5.4%; Bilibili rose 4%; JD.com rose 2.7%; PDD Holdings, Alibaba rallied 2%; XPeng rose 1.2%; Nio rose 1%.
XPeng delivered 21,352 Smart EVs in September, up 39% from a year earlier and a new monthly record. Li Auto delivered 53,709 vehicles in September, up 49% from a year earlier. NIO delivered 21,181 vehicles in September, an increase of 35% from the prior year.