Xpeng Shares Surge on Optimism Over Progress in Humanoid Robots
Photographer: Jade Gao/AFP/Getty Images
Xpeng Inc. shares surged to their highest level in more than three years, amid growing optimism over the Chinese electric carmaker’s progress in technologies including humanoid robots.
The Hong Kong-listed shares rallied 18% on Tuesday to the highest level since July 2022. It was also their biggest one-day gain in over two years. The company’s American depositary receipts surged 16% on Monday, buoyed also by a broad advance in the US market.