SGXPENG@EC2609A (26104.HK) Latest News & Headlines | Longbridge

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Chinese automakers are following Tesla’s bet that robots are the next big profit machine
TechCrunch·2 hours ago
- Chinese automakers are increasingly investing in humanoid robots as a future profit source amid declining automotive margins. - Xpeng secured over 900 million dollars in a funding round valuing its robotics unit at over 6.3 billion dollars, while competitors like Chery and BYD advance their own robotics initiatives. - These manufacturers leverage strong hardware production capabilities, though catching up with Tesla and other global competitors on artificial intelligence remains a key challenge.
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Hong Kong Stocks Close Lower: Hang Seng Dips 0.34% as Innovative Drugs & Semiconductors Buck Trend; Mixue Ice Cream Tumbles Over 8%
Market Pulse·1 day ago, 03:19 AM
- On August 27, Hong Kong stocks closed lower collectively, with the Hang Seng Index down 0.34% to 25565.74 points and a total turnover of approximately 2335 billion HKD. - Innovative drug and semiconductor sectors bucked the trend and strengthened significantly, driven by robust earnings reports and Nvidia's strong performance. - Conversely, consumption stocks like Mixue Group plunged over 8% due to disappointing semi-annual results, while autonomous driving stocks declined amid stricter regulatory policies.
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XPeng, Inc. Class A (9868) Receives a Buy from DBS
Tip Ranks·1 day ago, 01:55 AM
- DBS analyst Raphael Tse maintained a Buy rating on XPeng, Inc. Class A with a price target of HK$76.00. - Goldman Sachs also previously maintained a Buy rating on the stock on August 25 with a price target of HK$69.00. - These recent reports reflect ongoing institutional coverage and analyst ratings within the consumer cyclical sector.
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XPeng’s Robotics Unit Raised Over $900 Million at a $6.3 Billion Valuation. What This Means for XPEV Stock.
Barchart Option·2 days ago, 10:00 AM
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XPeng Robotics secures RMB 900 mn funding; US Jul PCE due tonight | Daily News Recap
2 days ago, 03:32 AM
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Hong Kong Midday: HSI Rises 174 Points; Resource Stocks Rally, Xiaomi Up Over 4%
Market Pulse·2 days ago, 11:18 PM
- Hong Kong stocks closed higher at midday on August 26, with the Hang Seng Index rising 174 points to 25685 points and a total turnover of approximately 1399 billion HKD. - Resource stocks, new energy sectors, and tech shares led the gains driven by factors such as rising gold and international copper prices, alongside policy support. - Conversely, petroleum stocks declined due to falling oil prices, while other individual stocks exhibited mixed movements following corporate earnings and news updates.
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XPeng climbs 6% as robotics unit Dogotix raises over $900M
HK Stock Market Update·2 days ago, 08:42 PM
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XPeng’s Top Secret AI Robotics Program Outshines EV Woes
Market Beat·Aug 25 at 08:10 AM
- XPeng's recent earnings miss and EV sector headwinds have suppressed its stock price toward the 52-week support level of $11. - The company secured over $900 million in Series A funding for its robotics subsidiary Dogotix, achieving a valuation of $6.3 billion. - This robotics spin-off and the planned mass production of the IRON humanoid robot by the end of 2026 provide a hidden strategic value that outshines near-term EV challenges.
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XPENG (NYSE:XPEV) Price Target Lowered to $24.00 at JPMorgan Chase & Co.
Market Beat·Aug 25 at 08:06 AM
- JPMorgan Chase & Co. lowered XPENG's price target from $27.00 to $24.00 while maintaining an overweight rating. - XPeng reported second-quarter results featuring $1.89 billion in revenue and a loss per share of $0.27, alongside a robotics subsidiary funding round exceeding $900 million. - Institutional investors including Abacus Wealth Partners LLC and DNB Asset Management AS recently adjusted their share positions in the company.
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DBS Remains a Buy on XPeng, Inc. ADR (XPEV)
Tip Ranks·Aug 24 at 07:45 PM
- DBS analyst maintained a Buy rating on XPeng, Inc. ADR with a price target of $28.00. - Bank of America Securities also issued a Buy rating for the company. - Meanwhile, Bernstein previously maintained a Hold rating on the stock on August 17.
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Top 10 HK Stock Losers (8.25)
Top Gainers&Losers·Aug 25 at 03:30 AM
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NVDA Groq 3 LPX now in full production; ByteDance 'Doubao Work' debuts｜Daily News Recap
Aug 25 at 03:20 AM
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Hong Kong Stocks Close Mixed: Hang Seng Dips 6 Points, Property Shares Rally, Meituan Tumbles Over 6%
Market Pulse·Aug 25 at 03:19 AM
- On August 25, Hong Kong stocks experienced narrow fluctuations with major indices closing slightly lower, as the Hang Seng Index edged down 0.02% to 25511.10 points and a total turnover of 2540.79 billion HKD. - Sector performance showed strong divergence, with domestic real estate and Kingboard Laminates rallying significantly, while technology stocks split and gold resources generally declined. - Key corporate developments included Alibaba raising 80.0 billion HKD via a major share placement for AI investments, alongside supportive policy expectations and macroeconomic trends impacting the market.
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XPENG (NYSE:XPEV) Reaches New 1-Year Low - What's Next?
Market Beat·Aug 25 at 03:00 AM
- XPENG Inc. shares hit a new 52-week low of $11.10 amid mixed financial results, including a wider-than-expected Q2 loss and revenue missing consensus estimates. - The company faced negative sentiment from weaker third-quarter revenue forecasts caused by an intensifying EV price war in China, despite a successful robotics subsidiary funding round exceeding $900 million. - Wall Street analysts currently maintain a consensus "Hold" rating on the stock with a target price of $25.70, while institutional investors have adjusted their holdings.
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