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9868 — XPeng News Story

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Xpeng hits 6-week peak on higher May EV delivery; Nio, Xiaomi climb

BUZZ-Xpeng hits 6-week peak on higher May EV delivery; Nio, Xiaomi climb

** Hong Kong shares of Xpeng 9868.HK surge 8.2% to HK$69.1, their highest level since April 21

** The Chinese EV maker says it delivered 32,158 vehicles in May, up 4% month-on-month

** Rival Nio Inc 9866.HK says it delivered 37,705 vehicles in May, up 62.3% year-on-year

** Nio's Hong Kong stock rises 6.3% to HK$45.18, on track for the biggest one-day pct gain since April 29

** Shares of Xiaomi Corp 1810.HK climb 3.2% to HK$28.96, on course for the biggest one-day pct gain since May 4, after company says domestic EV deliveries exceeded 30,000 units in May

** YTD, Xpeng down 15.5%, Xiaomi down 27% while Nio up 10.4%



(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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