HK Stock Market Move | Xiaopeng Motors-W (09868) rose by more than 4% with overseas demand exceeding expectations. The company plans to expand overseas production starting this year.

Xiaopeng Motors - W (09868) is now up more than 4%, and as of press time, it has risen by 3.46% to 64.25 Hong Kong dollars, with a turnover of 5.81 billion Hong Kong dollars. On the news front, according to media reports, Xiaopeng Motors Chairman He Xiaopeng said that the company is currently in talks with overseas car manufacturers for potential cooperation. Xiaopeng Motors is seeking to commercialize its assisted driving technology globally and expand its production layout beyond China. Furthermore, Xiaopeng Motors stated that the overseas demand for its cars has exceeded expectations, especially in France and Germany, where sales have surpassed local production capacity. The company plans to expand overseas production starting from 2026, by upgrading existing factories and building new production facilities to facilitate expansion in regions such as Europe, Southeast Asia, and Latin America.