HK Stock Market Move | XPENG-W(09868) falls more than 4% again with a month-on-month sales decline of 12% in November, failing to reach the target of 40,000 vehicles.

XPENG-W (09868) fell more than 4% again, as of the time of publication, it fell by 3.49%, closing at 76 Hong Kong dollars, with a turnover of 5.98 billion Hong Kong dollars. On the news front, on December 1st, Xpeng Motors announced that its sales in November were 36,728 vehicles, an increase of 19% year-on-year, but a decrease of 12% compared to the previous month. This is the first monthly sequential decline for Xpeng Motors in nearly six months, and it failed to achieve the goal set by He Xiaopeng of "delivering over 40,000 vehicles per month since September". Data shows that from January to November 2025, Xpeng Motors has delivered a total of 391,937 vehicles, an increase of 156% year-on-year. From January to November 2025, Xpeng Motors has delivered 39,773 vehicles overseas, an increase of 95% year-on-year.