BUZZ-China ADRs rise tracking gains in mainland peers

** Chinese companies' U.S.-listed shares rise premarket

** China and Hong Kong stocks rebounded from recent lows on Wednesday, as data showed a less sharp decline in industrial profits, while traders placed renewed bets that Beijing will roll out more supportive policies to counter risks of U.S. tariffs and shore up the economy .SS

** Industrial profits in October fell 10% from a year earlier, better than a 27.1% slump in September, National Bureau of Statistics $(NBS.UK)$ data showed

** Shanghai Composite index .SSEC closed up 1.53%, its biggest one-day percentage gain in nearly three weeks, to climb from a five-week low, blue-chip CSI300 .CSI300 was up 1.74%

** Hang Seng Index .HSI jumped 2.4%, its biggest one-day gain in more than a month

** Alibaba BABA.N up 2.2%, JD.com JD.O gains 3.8% and PDD Holdings PDD.O rises 2.1%

** EV firms Li Auto LI.O up 3.2%, Nio NIO.N advances 2.8% and Xpeng XPEV.N rises 3.3%

** Gaming stock Bilibili BILI.O advances 4.5%, video platform iQIYI IQ.O jumps 4.1%, Baidu BIDU.O up 1%

** Tencent Music TME.N up 0.7%, Weibo WB.O rises 2.1%

** Chinese ETFs such as iShares MSCI China ETF MCHI.O up 2.6%, KraneShares CSI China ETF KWEB.P gains 2.8% and iShares China Large-Cap ETF FXI.P rises 2.3%

(Reporting by Sukriti Gupta in Bengaluru)

((Sukriti.Gupta@thomsonreuters.com;))