Hot Chinese ADRs Jump with XPeng Rising 8%

Tiger Newspress07-12

Hot Chinese ADRs gains in morning trading.

XPeng rose 8%; JD.com rose 6%; Baidu, Alibaba rose 3%; Bilibili, Li Auto rose 2%; PDD rose 1.5%.

The new XPeng car, MONA MO3, will be officially launched in August with a price range of under ¥200,000 , offering different intelligent driving solutions to provide more choices for users. The MONA MO3 has the strongest intelligent driving solution in the same category.

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