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JayH
2021-08-27

Let’s go

Hong Kong-listed EV maker Xpeng hits two-week high, Daiwa lifts PT after results

** Hong Kong shares of Chinese EV maker climb 2.7% to HK$161.20, the highest since Aug. 12 ** Guangd

Hong Kong-listed EV maker Xpeng hits two-week high, Daiwa lifts PT after results

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SandDust
·2021-08-27
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forecasts for Xpeng's new car sales after solid Q3 guidance</p>\n<p>** Citi reiterates \"buy\" rating on stock saying it turned more positive on Xpeng Q4 shipment with re-rating cycling to kick in from late September to early October</p>\n<p>** JP Morgan raises TP of U.S. shares to $58 from $50</p>\n<p>** Rival Li Auto's Hong Kong shares gain 0.3%, Geely Automobile surges 3%, and BYD Co Ltd increases 2.4%</p>\n<p>** The Hong Kong Hang Seng sub-index tracking information technology firms climbs 0.8%, and the Hang Seng Tech Index rises 1.1%</p>\n<p>** The Hang Seng China Enterprises Index climbs 1% and the benchmark index&nbsp;gains 0.5%</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01211":"比亚迪股份","09868":"小鹏汽车-W","XPEV":"小鹏汽车","LI":"理想汽车","00175":"吉利汽车","02015":"理想汽车-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162665010","content_text":"** Hong Kong shares of Chinese EV maker climb 2.7% to HK$161.20, the highest since Aug. 12\n** Guangdong-based co says Q2 revenue soared 536.7% to 3.76 bln yuan ($579.9 mln) but net loss widened to 1.19 bln yuan from 146 mln yuan in a year ago period on R&D expense\n** Says it expects Q3 revenue to be as much as 5 bln yuan with vehicles deliveries of up to 22,500, or a year-on-year increase of 162.3%\n** Brokerage Daiwa reiterates \"buy\" rating on stock and lifts PT of Hong Kong shares to HK$209 from HK$200 and U.S. shares to $55 from $52 to reflect it has revised forecasts for Xpeng's new car sales after solid Q3 guidance\n** Citi reiterates \"buy\" rating on stock saying it turned more positive on Xpeng Q4 shipment with re-rating cycling to kick in from late September to early October\n** JP Morgan raises TP of U.S. shares to $58 from $50\n** Rival Li Auto's Hong Kong shares gain 0.3%, Geely Automobile surges 3%, and BYD Co Ltd increases 2.4%\n** The Hong Kong Hang Seng sub-index tracking information technology 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