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Shares of Chinese Tesla rival Xpeng rise on Hong Kong debut


Shares of Chinese Tesla rival Xpeng close flat in Hong Kong debut
CNBC
7 hrs ago
Arjun Kharpal
Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each, raising 14.02 billion Hong Kong dollars ($1.8 billion).
Xpeng shares rose 1.8% at the open to 168 Hong Kong dollars before ending the day flat.
Known for its P7 sedan and G3 SUV, the Chinese electric carmaker delivered 6,565 vehicles in June that s a 617% increase year-on-year and a monthly record.
Xpeng Motors president on Hong Kong listing, regulatory scrutiny and profitability outlook
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GUANGZHOU, China Shares of U.S.-listed electric vehicle maker Xpeng closed flat on Wednesday in their Hong Kong debut. ....

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Chinese Tesla rival Xpeng to raise up to $2 billion from Hong Kong listing


Chinese Tesla rival Xpeng to raise up to $2 billion from Hong Kong listing
CNBC
13 hrs ago
Arjun Kharpal
Chinese electric carmaker Xpeng will raise up to nearly $2 billion in a Hong Kong listing.
Xpeng will issue 85 million Class A ordinary shares at a price of no more than 180 Hong Kong dollars ($23.19) each. A final offer price will be set on or around Jun. 30.
Xpeng is doing what s called a dual-primary listing, meaning it will be subject to the rules and oversight of both U.S. and Hong Kong regulators, which isn t the case with a secondary listing.
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NVIDIA DLSS Enters the VR Market; Feature Also Coming to 9 More Games


Wrench (VR)
The three virtual reality games will be the first of their kind to support NVIDIA s patented AI-powered supersampling technique, which is pretty neat. But to be able to use DLSS in these games, you ll need an RTX graphics card, either from the 2000 or 3000 series. There s no announcement on when exactly the update rolls out, but it can be safe to assume that these games (for those who own them already) will auto-update via their clients. 
With this announcement, it looks like NVIDIA is starting to focus much effort into making DLSS support widespread throughout the industry. AMD, as a result, is also trying to follow suit, with their plans to release FidelityFX Super-Resolution being rumored.  ....

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