Most ADRs of Chinese firms trading in US down mid-morning after Wall Street opens lower

The American Depositary Receipts of all but one Chinese firm fell mid-morning on Tuesday, as Wall Street opened lower a day after its steepest drop in six weeks on the rising possibility of an interest rate rise in December and worries about Chinese economic growth.

Vipshop Holdings, an online discount retailer for brands in China, lost 4.7 per cent to US$19.90.  

Sina Corp, an online media company serving Chinese communities around the world, fell 4.9 per cent to US$48.80.

Bitauto Holdings, an online provider of content and marketing services for China's automotive industry, tumbled 6.1 per cent to US$27.30, after closing down 4.3 per cent on Monday.

Soufun Holdings, a real estate internet portal in China, dropped 4.8 per cent to US$6.75, after losing 3.7 per cent on Monday.

Only Youku Tudou managed to edge up, rising 0.7 per cent to US$26.60.