On July 9, XPeng Group-W declined 3.16% in regular trading, trading at HK$50.6/share, with turnover of HK$161 million.

On the news front, the latest HKEX filings show that JPMorgan reduced its position in XPeng by approximately 4.565 million shares on July 2 at an average price of approximately HK$52.02 per share, involving a total value of approximately HK$237 million. Following the reduction, JPMorgan's stake fell to 6.87%, holding approximately 108 million shares. The disclosure on July 8 has weighed on market sentiment heading into the current session.

Within the Automobile Manufacturers sector, the broader group traded under pressure. Among individual stocks, BYD Company down 1.4%, Geely Auto down 3.79%, Li Auto-W down 2.27%, Leapmotor down 3.09%, NIO-SW down 3.08%. The sector-wide weakness amplified selling pressure on XPeng shares.

(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.)