Actionable Stock Market Trading Newswire. Built for Traders, by Traders.
All news is property of their respective owners.

What’s Going On With XPeng Shares

XPeng Inc – ADR (NYSE: XPEV) shares are trading lower by 2.60% to $8.43 Wednesday afternoon. Multiple Chinese stocks are being negatively impacted by lackluster export data from China.
byHenry Khederian
June 7, 2023
1 minute read
Total
0
Shares
0
0
0
0
0
0

XPeng Inc – ADR (NYSE:XPEV) shares are trading lower by 2.60% to $8.43 Wednesday afternoon. Multiple Chinese stocks are being negatively impacted by lackluster export data from China.

Per Reuters, China’s Customs Bureau data revealed a significant 7.5% year-on-year decline in May exports, surpassing the projected 0.4% decrease and marking the largest drop since January.

See Also: Chinese EV Giants Report May Deliveries

Imports, on the other hand, contracted by 4.5%, indicating a slower decline than the anticipated 8.0% and April’s 7.9% fall.

According to data from Benzinga Pro, XPEV has a 52-week high of $35.35 and a 52-week low of $6.18.

 
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
Share 0
Related Posts
Read More

Oz Minerals Received Raised Offer of A$28.25/Share From BHP Group

By Charles Gross
November 17, 5:47 PM
BHP has submitted a revised non-binding indicative proposal to the Board of OZ Minerals Limited (OZL) to acquire 100% of OZL by way of a scheme of arrangement for a cash price of A$28.25 per OZL share (the Revised Proposal). This offer price represents the best and final price BHP is willing to offer under the Revised Proposal, in the absence of a competing proposal.

BHP