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Benzinga

World

Navdeep Yadav

Nio Down 9%, Xpeng Skids 12%: Why Are Hong Kong EV Stocks Crashing Today

NIO Xpeng Nasdaq Hong Kong Li Auto NYSE Tesla Inc. Xpeng Inc

Shares of Tesla Inc. (NASDAQ:TSLA) rivals and U.S.-listed Chinese firms Xpeng Inc (NYSE:NIO), Li Auto (NASDAQ:LI), and NIO Inc (NYSE:XPEV) took a heavy beating in Hong Kong on Tuesday as the market opened after a long weekend.

How EV Stocks Are Faring In Hong Kong Today
Stocks	Movement (+/-)
NIO	-8.61%
Xpeng	-11.85%
LI Auto	-6.35%

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