Xpeng CEO increased stake in his company in Hong Kong and US stock markets, and plans to increase it further.
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Category: XPeng Stock
EV stocks surge in HK ahead of May deliveries, Nio leads with 10% gain
Insurance registrations for Nio vehicles were 15,400 for May 1-26, already close to the full month of deliveries in April.
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Alibaba’s stake in Xpeng drops to 4.94% after latest reduction
Alibaba's Taobao China completed the sale of 33 million Xpeng ADSs on March 22, according to a Hong Kong stock exchange announcement.
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Alibaba files to sell another 33 million Xpeng ADSs
This is the latest reduction in Alibaba's holdings after it sold 25 million of Xpeng's ADSs last year. An Alibaba executive resigned as a director of Xpeng.
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Alibaba’s planned stake sale should have transient impact on Xpeng shares, says Morgan Stanley
The direct impact of Alibaba's share sale on Xpeng shares should be transient and manageable, Morgan Stanley said.
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Alibaba plans sale of 25 million Xpeng ADSs, to remain 2nd-largest shareholder
Xpeng said Alibaba's move was in execution of its capital management strategy and not due to a change in its view of the company.
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Morgan Stanley explains why Xpeng shares have been weak recently
Shares of Xpeng have fallen back to the level prior to the Volkswagen deal, despite improving operations and strategic opportunities, Morgan Stanley noted.
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Xpeng surges over 14% in HK after deal with Didi announced
Xpeng saw its biggest one-day gain in early Hong Kong trading since the Volkswagen deal late last month.
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Deutsche Bank on Xpeng stock pullback: Markets missing the forest for the trees
Shares of Xpeng have given up the entire rally that followed the Volkswagen announcement, suggesting that the markets are missing the forest for the trees, Deutsche Bank said.
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Xpeng confirms head of autonomous driving to leave
Xpeng has confirmed that the head of the company's autonomous driving business is leaving, after rumors earlier today caused its Hong Kong-traded stock to plummet.
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