BRIEF-JPMorgan's Long Position In Hong Kong Shares Of XPeng Falls To 5.64% - HKEX Filing

Reuters2022-12-19

Dec 19 (Reuters) - Hong Kong stock exchange filing:

* JPMORGAN CHASE & CO'S LONG POSITION IN HONG KONG SHARES OF XPENG

REDUCED TO 5.64% ON DEC 13 FROM 6.25% - HKEX FILING

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(Reporting by Hong Kong newsroom)

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Comments

  • Guavaxf30
    2022-12-20
    Guavaxf30
    Downsizing position after being a bull for such a long term. They would have sold more if it had not forced the price even lower. I expect them to reduce their positions more gradually. Logical thing to do given the negative trend for China and Chinese EV's in particular. This applies to all Chinese EV's. Not just XPeng.
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