24H | China ADRs & ETFs Fall as China April Industrial Output, Retail Sales Growth Slow
China ADRs and ETFs fell in overnight trading. XPeng fell over 4%; Alibaba, Li Auto, Bilibili, NIO, YINN fell around 2%; PDD Holdings fell 1%.
China's industrial output in April grew 6.1% from a year earlier, slowing from 7.7% growth in March, official data showed on Monday.
Retail sales, a gauge of consumption, rose 5.1% in April, slowing from a 5.9% increase in March. Economists had expected retail sales to grow 5.5%.
Fixed asset investment expanded 4.0% in the first four months of 2025 from the same period a year earlier, compared with expectations for a 4.2% rise. It grew 4.2% in the first quarter.
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