HK Stock Movement | XPENG-W (09868) Rises Over 5% in Afternoon Session as He Xiaopeng Responds to Robot Doubts

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XPENG-W (09868) surged more than 5% in the afternoon session after falling over 5% in the morning. At the time of writing, the stock was up 3.14% at HK$90.45, with a turnover of HK$3.082 billion.

The movement follows the debut of XPeng's next-generation humanoid robot, IRON, at its Tech Day event on November 5. The robot's remarkably smooth, human-like gait sparked discussions on social media, with some users questioning whether a real person was inside the robot. In response, XPeng CEO He Xiaopeng released an unedited, continuous video to address the skepticism. The footage clearly shows mechanical structures in the robot's fingers and back, while its ear-like contours house microphone arrays for "hearing," and its shoulders feature transport fixtures.

Additionally, XPeng will hold a launch event for its X9 Kunpeng Super Extended-Range Technology at 19:00 on November 6. According to official details, the X9 will be the first model equipped with the "Kunpeng" extended-range system, combining a 63.3 kWh ultra-fast-charging LFP battery and a 60L fuel tank to achieve a world-leading 1,602 km range for large seven-seater vehicles.

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