HK Stock Movement | XPENG-W (09868) Surges Over 6% as Company Accelerates Middle East and Africa Expansion, Recently Reaches Strategic Cooperation with Prominent Mauritius Dealer

Stock News2025-12-29

XPENG-W (09868) rose more than 6%. As of the time of writing, the stock was up 5.72%, trading at HKD 80.45, with a turnover of HKD 860 million.

According to an announcement on XPeng's official WeChat account, the company recently held a grand brand launch event in Doha, Qatar, officially marking its entry into the high-end Middle Eastern market. At this event, the XPeng G9 and XPeng G6 were unveiled together, and the upcoming XPeng P7+ model was previewed, aiming to provide local consumers with a wider range of smart mobility options.

Furthermore, on December 16, XPeng Motors entered into a strategic partnership with Axess Limited, a well-known dealer in Mauritius, signifying the brand's official entry into this important East African market. Mauritius is not only a premier tourist destination but also a regional hub connecting Africa, Asia, and the Middle East, possessing a strategic location advantage for radiating into East Africa and surrounding Indian Ocean markets.

This cooperation further enhances XPeng's sales and service network in the Middle East and Africa, accumulating crucial experience for subsequent expansion into Africa and other emerging markets, and continuously advancing the global implementation of its smart mobility ecosystem.

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