XPeng Inc., a leading Chinese electric vehicle (EV) manufacturer, witnessed a significant surge of 7.87% in its stock price during the intraday trading session on Tuesday. This remarkable rally can be attributed to the company's impressive vehicle delivery figures for January 2025.
According to the latest report, XPeng delivered an impressive 30,350 smart EVs in January, representing a staggering 268% year-over-year increase. This exceptional performance highlights the growing consumer demand for XPeng's innovative products and the company's expanding global presence, now extending to Belgium, Luxembourg, Ireland, and Finland.
The strong delivery numbers have instilled confidence in investors, driving XPeng's Hong Kong-listed shares to a 13-month high of HK$62.85. The stock emerged as the top gainer in both the Hang Seng China Enterprises Index and the Hang Seng Tech Index, contributing to the overall positive sentiment in the Hong Kong market.
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