** Hong Kong shares of China's Xpeng Motors rise 5.3% to HK$47.05, on course for the biggest one-day pct rise since Nov 8

** Stock hits the highest since Dec 30; second biggest pct gainer in the Hang Seng Tech Index , which rises 0.3%

** Xpeng and Volkswagen have agreed to expand their partnership to cooperate on ultra-fast electric vehicle charging networks in China, the automakers said on Monday

** They will also explore the joint construction of co-branded ultra-fast charging stations

** Hang Seng Commerce & Industry Index slips 0.1% while Hang Seng Index adds 0.1%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))