XPENG-W (09868.HK) +2.300 (+2.921%) Short selling $70.44M; Ratio 8.989% (XPEV.US) outperformed its EV peers in April with sales of about 35,000 units, up 6% MoM and 237% YoY, HSBC Global Research issued a research report saying. The broker forecasted the strong sales momentum to continue, driven by sales expansion of the G6, G9 and X9, as well as the launch of a new SUV model, the G7, and new models with extended ranges coming in the next few quarters.Related NewsBOCOMI: Positive Improvement Expected in Int'l/ Domestic Mkts w/ Positive Catalyst for HK Stocks; Focus on 3 Main Lines SuggestedHSBC Global Research raised its target price for XPENG-W's H-shares/ US stock to $107/ US$27.4 from $101/ US$25.9, with rating kept at Buy. The broker left its 2025 earnings forecast broadly unchanged, and lifted its 2026 earnings forecast by 25% on higher margin outlook, benefiting from economies of scale under higher sales volume anticipations.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-14 12:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)