A nickel(II)/diamine-catalyzed diastereoand enantioselective Michael/hemiacetalization cascade reaction of α-ketoesters with 2-(2-nitrovinyl) phenols has been established, thus providing a range of structurally diverse polysubstituted chromanes in good yields and excellent stereoselectivities (up to 89% yield, > 20:1 dr, > 99% ee). Moreover, the gram-scale experiment was performed with only 0.5 mol% of catalyst, and tricyclic furanobenzodihydropyran compound was gained by the derivatization of product, which showed the great synthetic potential of this strategy.