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XPeng, Inc. Class A ( (HK:9868) ) has issued an update.
XPeng Inc. announced that its co-founder and CEO, Mr. Xiaopeng He, has increased his shareholding in the company by purchasing 3,100,000 Class A ordinary shares through Galaxy Dynasty Limited. This acquisition reflects Mr. He’s strong confidence in the company’s future prospects and growth potential, reinforcing his long-term commitment to XPeng. The move is seen as a positive signal to stakeholders about the company’s strategic direction and market positioning.
The most recent analyst rating on (HK:9868) stock is a Hold with a HK$80.00 price target. To see the full list of analyst forecasts on XPeng, Inc. Class A stock, see the HK:9868 Stock Forecast page.
More about XPeng, Inc. Class A
XPeng Inc. is a company in the automotive industry, primarily focusing on the development and production of smart electric vehicles. The company is known for its innovative approach to integrating advanced technology and autonomous driving capabilities into its vehicles, targeting the growing market for sustainable transportation solutions.
Average Trading Volume: 21,427,472
Technical Sentiment Signal: Buy
Current Market Cap: HK$146.7B
Find detailed analytics on 9868 stock on TipRanks’ Stock Analysis page.