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XPENG-W Proliferates ~14% as Humanoid Robot IRON Watched by Mkt
Recommend 17 Positive 45 Negative 12 |
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XPENG-W (09868.HK) captured market attention with its new generation humanoid robot IRON. Overnight (10th), its U.S. stock (XPEV.US) proliferated 16.15%. Today (11th), its Hong Kong stock also fared well, peaking at HKD105.4, marking the highest intraday level since March. It last printed at HKD104.6, up 13.7%, with a trading volume of 35.881 million shares, involving HKD3.699 billion. Eugene Hsiao, Chief China Equity Strategist at Macquarie Capital, stated that XPENG-W can expand beyond its core battery EV business into new areas such as extended-range EVs, autonomous taxis, electric vertical takeoff and landing aircraft, and humanoid robots. If any of these investments succeed, investors should start considering the potential upside in the stock valuation. AASTOCKS Financial News Website: www.aastocks.com |
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