HK Stock Market Move | XPENG-W(09868) rises more than 5% G6 Super Range officially launched Institutions positive on its AI autonomous driving capabilities evolution

XPENG-W (09868) rose more than 5%, as of press time, up 5.35%, at HK$69.9, with a turnover of HK$1.35 billion. On the news front, on March 6th, Xiaopeng Motors held a press conference in Guangzhou, announcing the official launch of the Xiaopeng G6 super range extender version. The new car is positioned as a versatile AI range extender SUV, with the official guide price for the Xiaopeng G6 super range 1704 Max version being 186,800 yuan. It is reported that since its launch, the Xiaopeng G6 series has accumulated over 180,000 vehicle owners globally, ranking first in the 180,000-200,000 yuan mid-size pure electric SUV market segment in China by 2025. In overseas markets, the model leads in sales among new energy brands in five European countries. In addition, earlier this month, Xiaopeng Motors unveiled the second generation of VLA, which will be fully launched in late March. Huatai pointed out that they are optimistic about the further evolution of AI driving capability. The firm believes that due to the impact of the reduction in new energy vehicle purchase tax and the timing of the Spring Festival holiday, the company's sales have experienced short-term disturbances. However, with the release of VLA 2.0 and the X9 electric version restyling in March, sales are expected to gradually recover on a monthly basis. Looking ahead to 2026, the firm continues to be optimistic about the company's growth prospects in multiple areas such as "dual-energy + AI + Siasun Robot & Automation + external cooperation," maintaining a "buy" rating.