Understanding the Market | XPENG-W rose over 7%, with over 10,000 new P7 orders placed in less than 7 minutes; institutions are optimistic about the company's sales growth
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XPENG-W's stock price rose by more than 7%, with an increase of 7.18% as of the time of writing, priced at HKD 85.05, with a transaction volume of HKD 1.587 billion. The all-new XPeng P7 officially debuted on the evening of August 6, with pre-orders exceeding 10,000 units within 6 minutes and 37 seconds. Changjiang Securities analysis believes that leading smart driving technology and the new car cycle will drive the company's sales growth, providing significant elasticity for future profitability
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