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BUZZ-Xpeng HK stock at 2-1/2-year peak on plan to mass-produce flying car in 2026

Reuters
昨天
BUZZ-Xpeng HK stock at 2-1/2-year peak on plan to mass-produce flying car in 2026

** Hong Kong shares of Chinese EV maker Xpeng 9868.HK climb as much as 7.1% to HK$96.35, their highest since August 2022, and on course for the fourth straight session of gain

** Xpeng XPEV.N Chairman He Xiaopeng said on Saturday the company plans to mass-produce its modular flying car for the first time in 2026

** He also said artificial intelligence will speed up the arrival of autonomous driving and driverless driving while the automotive industry is starting to integrate with robots

** Hang Seng Commerce & Industry Index .HSNC falls 2.7%, Hang Seng Tech Index .HSTECH drops 3%, and Hang Seng Index .HSI eases 2%

** Xpeng Hong Kong stock up 92.2% YTD, U.S.-listed stock up 99.7%

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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