AbstractStable water isotopes (δ18O and δ2H) are an important source signature for understanding the hydrological cycle and altered climate regimes. However, the mechanisms underlying atmospheric water vapour isotopes in the northeast Qinghai‐Tibetan Plateau of central Asia remain poorly understood. This study initially investigated water vapour isotopic composition and its controls during the premonsoon and monsoon seasons. Isotopic compositions of water vapour and precipitation exhibited high variability across seasons, with the most negative average δ18O values of precipitation and the most positive δ18O values of water vapour found during the premonsoon periods. Temperature effect was significant during the premonsoon period but not the monsoon period. Both a higher slope and intercept of the local meteoric water line were found during the monsoon period as compared with in the premonsoon period, suggesting that raindrops have been experienced a greater kinetic fractionation process such as reevaporation below the cloud during the premonsoon periods. The δ2H and δ18O signatures in atmospheric water vapour tended to be depleted with the occurrence of precipitation events especially during the monsoon period and probably as a result of rainout processes. The monthly average contribution of evaporation from the lake to local precipitation was 35.2%. High d‐excess values of water vapour were influenced by the high proportion of local moisture mixing, as indicated by the gradually increasing relative humidity along westerly and Asian monsoon trajectories. The daily observation (observed ε) showed deviations from the equilibrium fractionation factors (calculated ε), implying that raindrops experienced substantial evaporative enrichment during their descent. The average fraction of raindrops reevaporation was estimated to be 16.4± 12.9%. These findings provide useful insights for understanding the interaction between water vapour and precipitation, moisture sources, and help in reconstructing the paleoclimate in the alpine regions.