XPENG-W (09868.HK) -4.850 (-6.558%) Short selling $1.50B; Ratio 35.145% launched the G7 (mid-size pure electric SUV) on 3 July, with pricing meeting expectations at RMB195,800-RMB225,800, according to Citi Research. The G7 recorded over 10,000 non-refundable orders within 9 minutes after the product launch, in line with forecast, as it had been pre-sold for more than 20 days. The broker believed that the key should be the trend of order growth for the G7 at a later stage.Related NewsBofAS: CATL's Global Battery Installation Mkt Shrs Stable at 38% in May; Rating BuyGiven its modest performance, Citi Research thought that the G7's selling points are ADAS and a smart cockpit, but that's unlikely to make the G7 a hot-selling model as XIAOMI-W (01810.HK) -0.600 (-1.033%) Short selling $709.06M; Ratio 9.357% 's YU7.Therefore, Citi Research rated XPeng (XPEV.US) at Buy, with a target price of US$29.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)