What’s Going On In China?

Hong Kong stocks, including the Hang Seng Index and Hang Seng Tech Index, have recently hit a 15-month low due to concerns among investors about China’s economic recovery and unchanged key lending rates.

The Hang Seng Index dropped 2.3%, reaching a level not seen since October 2022, while the Hang Seng Tech Index sank 3%, hitting its lowest point since April 2020.

Mainland Chinese markets also saw significant declines, with the Shanghai Composite Index falling 2.7% and the Shenzhen Composite Index plunging 4.5%…Read More

According to data from Benzinga Pro, XPEV has a 52-week high of $23.62 and a 52-week low of $7.50.