XPeng’s HK shares included in Shenzhen-HK Stock Connect programs

Shanghai (Gasgoo)- Ordinary shares of XPeng Inc. (“XPeng”), which trade on the Stock Exchange of Hong Kong (“HKEX”), have been included in the Shenzhen-Hong Kong Stock Connect programs, according to the announcement issued by the Shenzhen Stock Exchange on Feb. 9.

Photo credit: XPeng

The move will enable qualified investors from the Chinese Mainland to have direct access to XPeng's Hong Kong shares, subject to specified daily quotas, so as to improve the liquidity of the startup's stocks.

XPeng said it was the first Hong Kong-listed smart EV company to be included in the Shenzhen-Hong Kong Stock Connect programs. Notably, it was also the first smart EV maker to achieve a dual-primary listing status on both the New York Stock Exchange (“NYSE”) and the HKEX.

Brian Gu, Vice Chairman and President of XPeng, said the company's inclusion in the Stock Connect programs will not only further expand and diversify XPeng's investor base, but also provide the opportunity for customers, partners as well as investors in China to participate in the company's growth story.

XPeng's shares began trading on the Main Board of the HKEX on July 7, 2021. They are fully fungible with the company's American Depositary Shares on the NYSE.