Chinese ADRs Mixed in morning trading. YINN rose 2%; Kingsoft Cloud rose 9%; NIO rose 6%; Bilibili rose 4%; Tencent Music rose 3%; Li Auto ,KE Holdings, and XPeng rose 2%; NetEase and Alibaba rose 1%; while New Oriental fell 3%; Baidu and PDD Holdings fell 2%; JD.com fell 0.4%.