Movement Alert|XPENG-W Rises 3.36% in Regular Trading, JPMorgan Stake Increase and Delivery Growth Boost Sentiment

Market Focus
Oct 06

On October 6, XPENG-W rose 3.36% in regular trading, trading at HK$37.46/share, with turnover of HK$4972.72 million. Market confidence strengthened following JPMorgan's increased derivative position in XPENG-W on September 29, lifting its long position to 5.01%, coupled with a 5% month-over-month growth in September vehicle deliveries to 41,256 units. The strategic stake build-up through over-the-counter derivatives represents significant institutional commitment while record deliveries demonstrate sustained consumer demand for XPENG's electric vehicles.

Within the Automobile Manufacturers sector, Chery Auto leads with 6.15% gain alongside Geely Auto up 1.95%, Great Wall Motor up 2.68%, BYD Company up 0.88%, and Li Auto-W up 1.04%. XPENG-W specializes in designing, developing, and manufacturing intelligent electric vehicles with proprietary ADAS technology across models including G9, P7i, G6, X9, MONA M03 and P7+.

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