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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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Wonderful world of vigorous vehicles

Close your eyes and think really hard about what electric vehicles might look like in, say, June 2024. ....

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Carmakers to increase share in world's largest vehicle market

Carmakers to increase share in world's largest vehicle market
ecns.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ecns.cn Daily Mail and Mail on Sunday newspapers.

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World Insights: China's greater opening-up to boost global recovery, experts say

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World Insights: China s greater opening-up to boost global recovery, experts say
Li Jun
© Provided by N.C.N. Limited
The fourth session of the 13th National People s Congress (NPC) opens at the Great Hall of the People in Beijing, capital of China, March 5, 2021. (Xinhua/Li Xueren)
In a world now still struggling with economic and pandemic crises, China s hard-fought victory over COVID-19, its reviving economic growth, its commitment to greater openness and international cooperation are positive catalysts for global recovery.
BEIJING, March 6 (Xinhua) China s commitment to greater opening-up in the government work report delivered at the annual two sessions will serve as a catalyst for global recovery, experts have said. ....

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