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Xpeng set to open up 1.8% in Hong Kong debut

来源:转载 浏览: 2021-07-07 14:54:24
Shares of Xpeng Inc are set to open up 1.8% from their IPO price in the company's dual primary listing debut in Hong Kong on Wednesday.

(Reuters) - Shares of Chinese electric vehicle (EV) maker Xpeng Inc are set to open up 1.8% from their initial public offering (IPO) price in the company's dual primary listing debut in Hong Kong on Wednesday.

The stock is set to open at HK$168 per share, versus the IPO price of HK$165. The percentage jump would compare with a 1.1% fall in the benchmark Hang Seng Index and 1.2% decline in the Hang Seng China Enterprises Index.

Xpeng's New York-listed American Depository Shares (ADS) were up 0.7% late on Tuesday at $44.05 each. One ADS is equivalent to two Hong Kong shares.

The company raised $1.8 billion by selling 85 million shares in the deal finalised last week.

(Reporting by Donny Kwok; Editing by Christopher Cushing)

本文转载自路透社,原文标题为Shares of China EV maker Xpeng set to open up 1.8% in Hong Kong debut

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