Movement Alert|XPENG-W Declines 3.09% in Regular Trading, X9 Recall and Quality Control Concerns Continue to Weigh on Shares

Market Focus
07/30

On July 30, XPENG-W fell 3.09% in regular trading, trading at 50.2 HKD/share, with turnover of HKD 219 million. The stock notably underperformed the Automobile Manufacturers sector, where SERES rose 8.13%, BYD COMPANY gained 1.6%, and LI AUTO-W added 0.46%.

The decline is attributed to ongoing pressure from the recall of 33,473 X9 vehicles due to a front air spring airtightness defect, covering units produced between August 2023 and August 2025. The recall scale represents approximately 60% of cumulative X9 global deliveries. Market sentiment remains weighed down by broader quality control concerns, including reported high-temperature breakdown incidents involving the X9 and steering-related issues with the P7+, reinforcing perceptions of insufficient reliability in premium models.

Although XPENG-W rebounded over 4% the prior session alongside the intelligent driving sector, unresolved fundamental headwinds prompted renewed selling pressure.

(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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