Market News

He Xiaopeng, chairman and CEO of Xiaopeng-W (09868.HK), recently met with Li Bin, CEO of Xilai-SW (09866.HK) at the China Electric vehicle Centenary Forum. He Xiaopeng promised to buy the Xiaopeng X9 for Li Bin at his own expense and subsidize half the price of the Xiaopeng X9 out of his own pocket. Li Bin pointed out that he will issue a test drive report for Xiaopeng X9. According to reports, he Xiaopeng has revealed that he and Li Bin and Li Xiang, chairman of ideal W (02015.HK), often communicate in a group, and the communication between him and Li Bin is particularly frequent. They pay close attention to the ups and downs of the industry and know very well that the quality of sales does not represent the future trend. "Wei Xiaoli" this morning (18) individual development, Xiaopeng is now quoted at 39.5 yuan, up 4.5%, 7.1791 million shares traded, involving 284 million yuan. Weilai also rose 4.9% to 46.30 yuan, with 1.6159 million shares traded, involving 73.3588 million yuan. However, ideal is now trading at 141.5 yuan, down 3.94%.