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BUZZ-China's XPeng climbs to 13-month peak on strong Jan vehicles delivery

Reuters
Feb 04, 2025
BUZZ-China's XPeng climbs to 13-month peak on strong Jan vehicles delivery

** Hong Kong-listed shares of Chinese electric vehicles maker XPeng Inc 9868.HK jump 7.5% to HK$62.85, their highest levels since December 2023

** Stock marks biggest intraday gain since Jan 14, and is top pct gainer in Hang Seng China Enterprises Index .HSCE and Hang Seng Tech Index .HSTECH, which rise 2% and 2.8%, respectively

** XPeng said it delivered 30,350 smart EVs in January, representing a 268% increase year-on-year, with global business presence expanding to Belgium, Luxembourg, Ireland and Finland

** The U.S.-listed stock XPEV.N rose 3.1% on Monday

** Hang Seng Commerce & Industry Index .HSNC adds 1.9% and Hang Seng Index .HSI gains 1.4%

** Hong Kong shares lost 17.7% last year

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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