On September 11, XPENG-W declined 3.08% in regular trading, trading at HK$40.32 per share, with turnover of HK$73.44 million, extending the prior session's 3.69% drop.

The stock continues to face multiple headwinds. JPMorgan's short position in XPENG rose to 4.25% as of September 3, up notably from a prior 3.68%, signaling growing institutional bearishness. On the fundamental side, August deliveries totaled 39,107 vehicles, up only 4% year-over-year, significantly lagging peers such as Leapmotor (+80.7%) and NIO. The company's first-half net loss attributable to shareholders widened 173.35% to RMB 3.12 billion, with an estimated per-vehicle loss of approximately RMB 18,800.

The broader Automobile Manufacturers sector remained under pressure. Among sector peers, BYD COMPANY fell 1.32%, GEELY AUTO fell 1.24%, LI AUTO-W fell 1.68%, NIO-SW fell 0.21%, and LEAPMOTOR fell 2.27%.

(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.)