On May 26, XPeng Group-W rose 3.43% in regular trading, trading at HK$65.65/share, with trading volume of HK$422 million.
On the news front, XPeng's flagship full-size six-seat SUV, the XPeng GX, officially launched on May 20 with a starting price of RMB 269,800 — over RMB 100,000 below the pre-sale price. The model received over 24,000 firm orders within 12 hours of launch, with high-configuration versions accounting for over 80% of orders. Additionally, the company's board is scheduled to review Q1 results on May 28, with the market widely expecting XPeng to achieve its first single-quarter profit turnaround.
The broader HK-listed auto sector has been recovering recently, driven by surging Q1 new energy vehicle exports (up 126% year-over-year to 904,000 units) and continued policy catalysts around intelligent driving. Analysts note that auto stocks are currently in a window where earnings expectations are being revised upward while share prices remain oversold, providing valuation repair momentum for individual names.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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