On August 3, XPENG-W fell 3.4% in regular trading, trading at 49.34 HKD/share, with turnover of 86.76 million HKD.

On the news front, XPENG released July delivery data on August 1, reporting 38,027 vehicles delivered, representing only approximately 4% year-over-year growth — a significant deceleration that has intensified market concerns over weakening sales momentum. In contrast, peers posted far stronger results: Leapmotor delivered 101,267 units with 102% YoY growth, while NIO delivered 35,934 units with 71% YoY growth, highlighting XPENG's relative underperformance.

Adding to the pressure, the company recently announced a recall of 33,473 X9 vehicles due to front air spring airtightness defects, with ongoing quality control controversies weighing on brand perception. Financially, XPENG reported a 41.4% quarter-over-quarter revenue decline in Q1 with net losses widening to 1.78 billion yuan, suggesting fundamental recovery remains distant.

Within the Automobile Manufacturers sector, BYD COMPANY up 1.75%, LEAPMOTOR up 2.3%, LI AUTO-W down 0.09%, GWMOTOR down 0.33%, GEELY AUTO down 1.01%, with XPENG notably underperforming the broader sector.

(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.)