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குவாங்சோ சர்வதேச ஆட்டோமொபைல் கண்காட்சி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares of Chinese Tesla rival Xpeng rise on Hong Kong debut

Shares of Chinese Tesla rival Xpeng close flat in Hong Kong debut CNBC 7 hrs ago Arjun Kharpal Xpeng issued 85 million Class A ordinary shares at a price of 165 Hong Kong dollars each, raising 14.02 billion Hong Kong dollars ($1.8 billion). Xpeng shares rose 1.8% at the open to 168 Hong Kong dollars before ending the day flat. Known for its P7 sedan and G3 SUV, the Chinese electric carmaker delivered 6,565 vehicles in June that s a 617% increase year-on-year and a monthly record. Xpeng Motors president on Hong Kong listing, regulatory scrutiny and profitability outlook Replay Video UP NEXT GUANGZHOU, China Shares of U.S.-listed electric vehicle maker Xpeng closed flat on Wednesday in their Hong Kong debut.

Chinese Tesla rival Xpeng to raise up to $2 billion from Hong Kong listing

Chinese Tesla rival Xpeng to raise up to $2 billion from Hong Kong listing CNBC 13 hrs ago Arjun Kharpal Chinese electric carmaker Xpeng will raise up to nearly $2 billion in a Hong Kong listing. Xpeng will issue 85 million Class A ordinary shares at a price of no more than 180 Hong Kong dollars ($23.19) each. A final offer price will be set on or around Jun. 30. Xpeng is doing what s called a dual-primary listing, meaning it will be subject to the rules and oversight of both U.S. and Hong Kong regulators, which isn t the case with a secondary listing. © Provided by CNBC

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World Insights: China s greater opening-up to boost global recovery, experts say

news World Insights: China s greater opening-up to boost global recovery, experts say Li Jun © Provided by N.C.N. Limited The fourth session of the 13th National People s Congress (NPC) opens at the Great Hall of the People in Beijing, capital of China, March 5, 2021. (Xinhua/Li Xueren) In a world now still struggling with economic and pandemic crises, China s hard-fought victory over COVID-19, its reviving economic growth, its commitment to greater openness and international cooperation are positive catalysts for global recovery. BEIJING, March 6 (Xinhua) China s commitment to greater opening-up in the government work report delivered at the annual two sessions will serve as a catalyst for global recovery, experts have said.

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