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XPeng added to mainland China stock trading link

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Miguel A. Rodriguez
Miguel A. Rodriguez
09 February 2022
Successful middle of the week for XPeng; shares surge

XPeng Hong Kong-listed shares have been included in a trading link to mainland China – Shenzhen-Hong Kong Stock Connect.

The Shenzhen-Hong Kong Stock Connect was launched in 2016 to make it easier for international investors to trade Chinese mainland-listed stocks and investors in China’s mainland to buy and sell Hong Kong-listed shares.

According to Brian Gu, president of XPeng, “the inclusion will not only further expand and diversify our investor base but also provide the opportunity for our customers, partners, and EV and technology investors in China to participate in our exciting growth story." It is the first smart EV company to be included in the Stock Connect program.

Since its 2020 US IPO, XPeng has been trying to expand its investor base. A year later, in 2021, it carried out a dual-primary listing in Hong Kong. The company is looking for investors at a time when the country’s EV market is expanding.

XPeng is trying to keep up with the market and its competitors and launched new models, the latest being in November – a sports utility vehicle.

At the moment of writing, XPeng Hong Kong-listed shares were trading 8% higher.

Sources: cnbc.com, finance.yahoo.com  

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.