BUZZ-China's Xpeng hits more than 2-1/2-year peak on Europe entry

Reuters
03-12
BUZZ-China's Xpeng hits more than 2-1/2-year peak on Europe entry

** HK shares of Xpeng 9868.HK climb as much as 8.8% to HK$106, highest since July 2022

** U.S.-listed stock XPEV.N surged 14.8% on Tuesday

** Chinese EV maker enters Polish, Swiss, Czech and Slovak markets recently

** Says its P7, G9 and G6 models will be available for sale in Q2 of 2025

** Signs cooperation agreement with distributors Inchape and Hedin in Europe

** YTD, Hong Kong stock gains 109%, U.S. shares add ~123%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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