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

Reuters
12 Mar
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))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10