Hong Kong-listed shares of Chinese electric vehicle maker Xpeng plunged 6.2% to HK$78.2 on Tuesday, hitting their lowest level since November 21 and marking their second consecutive session of decline. The stock is on track for its largest single-day percentage drop since November 18.
Performance Context:
- Xpeng was the second biggest percentage loser on the Hang Seng Tech Index, which was down 0.7%.
- Its U.S.-listed shares fell 2.2% on Monday.
Delivery Data:
The company reported delivering 36,728 smart EVs in November, representing a 19% increase year-on-year. However, deliveries fell 12.6% compared to October's figure of 42,013 vehicles.
Year-to-Date Performance:
Despite the recent pullback, Xpeng's Hong Kong stock remains up 68.2% year-to-date, while its U.S.-listed shares have gained 80.6%.
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Hong Kong-listed shares of Chinese electric vehicle maker Xpeng plunged 6.2% to HK$78.2 on Tuesday, hitting their lowest level since November 21 and marking their second consecutive session of decline. The stock is on track for its largest single-day percentage drop since November 18.
Performance Context:
- Xpeng was the second biggest percentage loser on the Hang Seng Tech Index, which was down 0.7%.
- Its U.S.-listed shares fell 2.2% on Monday.
Delivery Data:
The company reported delivering 36,728 smart EVs in November, representing a 19% increase year-on-year. However, deliveries fell 12.6% compared to October's figure of 42,013 vehicles.
Year-to-Date Performance:
Despite the recent pullback, Xpeng's Hong Kong stock remains up 68.2% year-to-date, while its U.S.-listed shares have gained 80.6%.