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On July 7th, Beijing time, Xiaopeng Motors was officially listed on the Hong Kong Stock Exchange. Its stock price was 165 Hong Kong dollars. A total of 85 million shares were issued. The opening rose 0.79%. The total market value was as high as 281.3 billion Hong Kong dollars. Times oversubscribed.
In August last year, Xiaopeng Motors entered the US stock market with an opening price of US$15 per share. As of July 6 this year, Xiaopeng Motors’ US stocks closed at US$43.96, with a market value of US$35.315 billion. In terms of sales volume, Xiaopeng Motors delivered 30,738 units in the first half of this year, 5.6 times that of the same period last year.
Since its establishment in 2015, Xiaopeng Motors has established its intelligent label through in-depth research and development in the fields of autonomous driving and smart cockpits. Up to now, Xiaopeng Motors has launched three models: G3, P7 and P5. Among them, the Xiaopeng P5 will be available for pre-sale during the Shanghai Auto Show this year. The biggest highlight is the lidar, which focuses on automatic assisted driving and intelligent interactive cabins. According to the plan, Xiaopeng Motors will launch a new SUV model next year, a new car or a mid-to-large SUV, and will further upgrade the charging technology and autonomous driving functions. It is expected to be equipped with ultra-high-voltage over-charge technology and Xpilot 4.0 functions. After logging into the Hong Kong stock market, Xiaopeng Motors will have stronger financial strength to assist its research and development in intelligence.
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