Xpeng granted 10 billion yuan credit from China Citic Bank

Reuters

08/18

Xpeng granted 10 billion yuan credit from <a href="https://laohu8.com/S/CHBJF">China Citic</a> Bank

BEIJING, Aug 18 (Reuters) - China Citic Bank will grant Xpeng 9868.HK 10 billion yuan ($1.39 billion) in credit to support the electric vehicle maker's business operations and development, Xpeng said in a statement on Monday.

($1 = 7.1783 Chinese yuan renminbi)

(Reporting by Beijing Newsroom)

((yukun.zhang@thomsonreuters.com;))

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