An Xpeng P5 EV is displayed at Auto Shanghai earlier this year. Photo: Reuters An Xpeng P5 EV is displayed at Auto Shanghai earlier this year. Photo: Reuters
An Xpeng P5 EV is displayed at Auto Shanghai earlier this year. Photo: Reuters

Xpeng targets up to US$2.3 billion in Hong Kong IPO en route to city’s fifth-largest stock listing this year

  • The price represents an 11.7 per cent premium on its closing price in the US on Wednesday
  • Retail investors may think twice before borrowing money to subscribe to the IPO, analyst says

Topic |   Banking & finance
An Xpeng P5 EV is displayed at Auto Shanghai earlier this year. Photo: Reuters An Xpeng P5 EV is displayed at Auto Shanghai earlier this year. Photo: Reuters
An Xpeng P5 EV is displayed at Auto Shanghai earlier this year. Photo: Reuters
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