Brian Gu, vice chairman of XPeng and managing director Charles Zhang (right), are seen hitting the gong on its Hong Kong trading debut on July 7, 2021. Photo: HKEX
Brian Gu, vice chairman of XPeng and managing director Charles Zhang (right), are seen hitting the gong on its Hong Kong trading debut on July 7, 2021. Photo: HKEX
IPO

Tesla challenger Xpeng loses gains in Hong Kong stock debut amid tech sector wobble

  • Stock opened 1.8 per cent higher only to lose all of the upside amid a weaker market as the Hang Seng Index slipped for a seventh day
  • Xpeng shares were earlier indicated below its HK$165 IPO price in grey-market trading late Tuesday

Topic |   IPO
Brian Gu, vice chairman of XPeng and managing director Charles Zhang (right), are seen hitting the gong on its Hong Kong trading debut on July 7, 2021. Photo: HKEX
Brian Gu, vice chairman of XPeng and managing director Charles Zhang (right), are seen hitting the gong on its Hong Kong trading debut on July 7, 2021. Photo: HKEX
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