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Benzinga
Benzinga
World
Rachit Vats

Tesla Rival Xpeng Says Investor Reach To Increase In China As Its Stock Gets Included In Stock Connect Program

Xpeng Tesla Inc. China Hong Kong NYSE Shenzhen Xpeng Inc XPEV

Xpeng Inc (NYSE:XPEV) said on Tuesday its ordinary shares, which trade on The Stock Exchange of Hong Kong Limited (HKEX), have been included in the Shenzhen-Hong Kong Stock Connect program and would help lift investor reach.

What Happened: The Chinese electric vehicle maker, which is listed both in the U.S. and Hong Kong, said the Stock Connect program will allow qualified Mainland Chinese investors to access eligible Hong Kong shares and help expand its investor base.

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