XPeng Inc ADR (XPEV)

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XPeng Inc ADR (XPEV) Profile

Xpeng or Xiaopeng Motors, XMotors.ai, is a Chinese electric vehicle manufacturer. headquartered in Guangzhou, China. In September 2020, the stock price was 20.07USD and one year later doubled to 41.77USD. The company is still in an early growth-focused phase. Despite its strong 2020 price performance, XPeng stock has dropped 4% in 2021, as volatility remains a point of contention for investors.XPeng Motors has recently announced that it received $76.9 million (500 million yuan) in a new round of investment from Guangdong Yuecai Investment Holdings Co., the investment arm of the Chinese province Guangdong. The province is focused on autonomous driving and new energy vehicles.XPeng company shared that the investment will help to increase the “automobile industry’s strategic transition in Guangdong.” Since its vast $1.5 billion IPO XPeng has continued to attract additional funding to ramp up production and fuel growth. Currently, the company is building its manufacturing base with two fully-owned factories. The market capitalization of the XPENG company is 34.04B.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in US Eastern Time
Fri
16:30-23:00
Mon
16:30-23:00
Tue
16:30-23:00
Wed
16:30-23:00
Thu
16:30-23:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 12944

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