Understanding the Market | XPENG-W rose over 7%, with over 10,000 new P7 orders placed in less than 7 minutes; institutions are optimistic about the company's sales growth
XPENG-W's stock price rose by more than 7%, with an increase of 7.18% as of the time of writing, priced at HKD 85.05, with a transaction volume of HKD 1.587 billion. The all-new XPeng P7 officially debuted on the evening of August 6, with pre-orders exceeding 10,000 units within 6 minutes and 37 seconds. Changjiang Securities analysis believes that leading smart driving technology and the new car cycle will drive the company's sales growth, providing significant elasticity for future profitability
According to Zhitong Finance APP, XPeng Motors-W (09868) rose over 7%, with a current increase of 7.18%, priced at HKD 85.05, and a transaction volume of HKD 1.587 billion.
In terms of news, on the evening of August 6, the all-new XPeng P7 was officially unveiled. The new car is built on the platform developed in collaboration between XPeng Motors and Volkswagen, featuring a three-axis dynamic screen with a robotic IRON wrist structure, an 87-inch AR-HUD (Augmented Reality Head-Up Display), and other configurations. It is reported that the new car is a replacement model for the currently sold XPeng P7, with no pre-sale price announced, and it will officially launch later this month. That evening, XPeng Motors Chairman and CEO He Xiaopeng stated that the pre-sale reached over 10,000 units in just 6 minutes and 37 seconds.
Additionally, on August 8, XPeng Motors Chairman He Xiaopeng posted on Weibo that the Ministry of Industry and Information Technology's official website announced XPeng's first super electric vehicle model, the XPeng X9, which will officially launch in the fourth quarter. Changjiang Securities believes that with continuous leadership in intelligent driving, along with channel transformation and strengthened marketing systems, the company’s sales will rapidly increase during this strong new car cycle. The MONA M03 and P7+ will kick off the company's new car cycle. The scale increase, platform, and technology cost reduction effects will further manifest, combined with the expansion of the software profitability business model and continuous growth overseas, the company's future profitability has significant elasticity
