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.
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.
