Xpeng (XPEV) Included in Shenzhen-Hong Kong Stock Connect

Chinese electric vehicle maker, Xpeng (NYSE: XPEV), announced yesterday that the company stock has been included in the Shenzhen-Hong Kong Stock Connect, effective on February 09, 2022. The Shenzhen-Hong Kong Stock Connect was launched in 2016 to make it easier for international investors to trade Chinese mainland-listed stocks and investors in China’s mainland to buy and sell Hong Kong-listed shares.

"The inclusion will not only further expand and diversify our investor base but also provide the opportunity for our customers, partners and electric vehicle and technology investors in China to participate in our exciting growth story," said Brian Gu, XPeng's Vice Chairman, and President.

Xpeng’s Hong Kong-listed shares rose as much as 11.5% before paring gains. It was about 9% higher in afternoon trade.

The Company’s shares began trading on the Main Board of the HKEX on July 7, 2021, are fully fungible with the Company’s American Depositary Shares on the New York Stock Exchange.

By Michael Elkins | [email protected]

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