Streetbeat News

XPEV

XPeng Inc.

Industry

Auto - Manufacturers

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles in the People's Republic of China. It offers SUVs under the G3 and G3i names; four-door sports sedans under the P7 name; and family sedans under the P5 name. The company also provides sales contracts, maintenance, super charging, vehicle leasing, insurance agency, ride-hailing, technical support, automotive loan referral and auto financing, music subscription, and other services. XPeng Inc. was founded in 2015 and is headquartered in Guangzhou, the People's Republic of China.

Open

12.70

Mkt cap

13B

Volume

12M

High

12.81

P/E Ratio

-10.53

52-wk high

18.74

Low

12.34

Div yield

N/A

52-wk low

6.55

Several major stocks, including Baidu, XPeng, and others, experienced declines in Monday's pre-market session. Baidu's shares fell 2.6% due to unimpressive Chinese stimulus measures, while XPeng, Pacific Biosciences, Genfit, Melco Resorts, Canada Goose, UP Fintech, and AppLovin also saw notable drops.

Portfolio Pulse from Avi Kapoor

October 14, 2024 | 12:58 pm

U.S.-listed Chinese stocks, including Alibaba, Baidu, JD.com, PDD Holdings, NIO, and XPeng, are trading lower as China's recent stimulus measures failed to meet market expectations. The lack of specific figures for the stimulus has left investors anxious, contributing to the decline.

Portfolio Pulse from Anusuya Lahiri

October 14, 2024 | 12:52 pm

The EV sector faced a challenging week with most stocks declining. Tesla's 'We, Robot' event disappointed investors, leading to a 9% stock drop. Lucid exceeded Q3 delivery estimates, while GM revised its battery strategy. XPeng launched a new AI-defined sedan.

Portfolio Pulse from Shanthi Rexaline

October 12, 2024 | 7:45 pm

XPENG has announced the unveiling of its first AI-defined vehicle, the XPENG P7 Plus, which promises more technology, space, and family-friendly features.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2024 | 3:20 pm

The People's Bank of China (PBoC) announced new measures to stabilize the Chinese equity market, leading to a significant rally in both the Shanghai Composite Index and Hong Kong's Hang Seng Index. This positive sentiment extended to US-listed Chinese stocks, with notable gains for Alibaba, XPeng, Li Auto, Nio, JD.com, Tencent, and Baidu. The iShares MSCI China ETF, however, ended the previous session down.

Portfolio Pulse from Shanthi Rexaline

October 10, 2024 | 6:14 am

NIO Inc. shares are trading lower due to a broader decline in U.S.-listed Chinese stocks, following disappointing economic stimulus measures from China. The Hang Seng Index fell over 9%, its worst since 2008, affecting stocks like NIO, Li Auto, XPeng, JD.com, and Alibaba.

Portfolio Pulse from Vaishali Prayag

October 08, 2024 | 3:46 pm

Chinese stocks experienced a sharp selloff due to disappointment over the lack of aggressive fiscal stimulus from Beijing. The Hang Seng Index in Hong Kong fell over 9%, marking its worst single-day loss since 2008. U.S.-listed Chinese stocks and ETFs also saw significant declines.

Portfolio Pulse from Piero Cingari

October 08, 2024 | 12:40 pm

US-listed Chinese stocks are experiencing a decline as Chinese planning officials did not meet investor expectations for economic stimulus.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:22 pm

The article highlights unusual options activity in the Consumer Discretionary sector, focusing on large trades by 'whales' in stocks like TSLA, AMZN, XPEV, BABA, GRPN, PDD, SERV, VFC, F, and JD. These trades indicate varying market sentiments, from bullish to bearish, and could signal potential trading opportunities.

Portfolio Pulse from Benzinga Insights

October 07, 2024 | 5:35 pm

Chinese stocks listed in the US, including Alibaba, JD.com, and NIO, are rallying due to anticipated stimulus measures from Beijing. The stimulus is expected to benefit e-commerce and electric vehicle sectors, with significant fund inflows into Chinese and Hong Kong markets. Alibaba and other e-commerce stocks are trading higher, while Chinese EV stocks like NIO and XPeng also see gains. The potential fiscal stimulus could range from 1.5 trillion to 2 trillion yuan.

Portfolio Pulse from Anusuya Lahiri

October 07, 2024 | 1:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.