Hong Kong stock unusual | Xpeng Motors-W (09868.HK) rose by more than 18%, with its stock price hitting a three-year high. Institutions claim that the AI-based smart car giant is beginning to take shape.

According to the Wise Finance app, XPeng Motors (09868.HK) opened high and rose today, with the closing price increasing by more than 18% to reach a high of 108.7 Hong Kong dollars, hitting a new high since July 2022. As of the time of writing, it has increased by 17.93%, reaching 108.5 Hong Kong dollars, with a turnover of 8.382 billion Hong Kong dollars.