China Specialist, Auto and Industrial Specialist

Victoria Li

20 years experience as sell side analyst focusing on China's Industrial and Auto sectors

Xpeng: Full-Scenarios NGP on the Way, Flying Vehicle Countdown

Xpeng: 2Q2021Results Solid, Bright Outlook Guided

Equity Bottom-Up

<ul>
<li>Share performance of XPEV.US has been hit by market's fear on Chinese stocks' delisting in US market.  Xpeng's share price fell from US$55 to US$43.8 in three trading days.</li>
<li>We believe it's a good timing for US investors to switch to 9868.HK from XPEV.US, as HK share performance was hurt as well and has brought a great buying opportunity.</li>
<li>Fundamentally, Xpeng's monthly delivery hit a new high in Nov. Lately, EV batteries shortage is hitting Xpeng and may lead to lower than expected monthly delivery. Buy opportunity.</li>
</ul>


Share performance of XPEV.US has been hit by market's fear on Chinese stocks' delisting in US market.  Xpeng's share price fell from US$55 to US$43.8 in three trading days.
We believe it's a good timing for US investors to switch to 9868.HK from XPEV.US, as HK share performance was hurt as well and has brought a great buying opportunity.
Fundamentally, Xpeng's monthly delivery hit a new high in Nov. Lately, EV batteries shortage is hitting Xpeng and may lead to lower than expected monthly delivery. Buy opportunity.


Xpeng: Buying Opportunity on Dual Short-Term Headwinds

XPeng

Xpeng: Buying Opportunity on Dual Short-Term Headwinds