Chinese Tesla challenger debuts in Hong Kong with $1.8 bn IPO Issued on: 07/07/2021 - 05:14 Electric car maker XPeng is chasing market leader Tesla in China Hector RETAMAL AFP/File 3 min Hong Kong (AFP) Shares in electric carmaker XPeng debuted in Hong Kong on Wednesday, as Chinese-based firms trading in the United States seek to avoid the glare of Beijing's regulators by listing closer to home. XPeng, which is already Nasdaq-listed and is chasing Tesla in China, is the latest Chinese company to list on the Hong Kong stock exchange, following other big tech firms such as video platform Bilibili and search giant Baidu.