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Chinese ADRs and ETFs Extend Rally; Nio Jumps over 12%; YINN Rises over 5%

Chinese ADRs and ETFs rise in morning trading. XPeng jumps nearly 6%; Bilibili rose over 4%; NIO, KE Holdings rose over 3%; Baidu, JD.com rose over 2%.China's central bank launched a new lending tool on Monday to inject more liquidity into the market and support credit flow in the banking system ahead of the expiration of trillions of yuan in loans at the end of the year.The People's Bank of China said in a statement it had activated the open market outright reverse repo operations facility to "
Chinese ADRs and ETFs Extend Rally; Nio Jumps over 12%; YINN Rises over 5%

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