On July 31, XPENG-W declined 3.17% in regular trading, trading at HKD 50.3/share, with turnover of HKD 89.58 million.

On the news front, the negative impact from XPeng's recall of 33,473 X9 vehicles continued to weigh on sentiment. The recall, covering vehicles produced between August 2023 and August 2025, addresses a front air spring airtightness defect caused by manufacturing process fluctuations that could lead to gradual air leakage under prolonged hot and humid conditions. The recall volume represents approximately 60% of X9 cumulative global deliveries. Additionally, prior reports of X9 high-temperature breakdowns and a separate P7+ steering defect recall have reinforced market concerns over quality control in XPeng's higher-end models.

A public dispute between Lingke and XPeng engineers over 400V versus 800V platform technology routes added further brand image pressure. Within the Automobile Manufacturers sector, the overall tone was weak, with BYD COMPANY down 2.43%, LI AUTO-W down 2.86%, GEELY AUTO down 2.79%, LEAPMOTOR down 2.39%, and SERES down 0.54%.

(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.)