Changes in Hong Kong stocks | Xiaopeng Motor-W (09868) fell more than 4% in November, sales fell 12% month-on-month and failed to reach the target of 40,000 vehicles

The Zhitong Finance App learned that Xiaopeng Automobile-W (09868) fell by more than 4%. As of press release, it was down 3.49% to HK$76, with a turnover of HK$598 million.

According to the news, on December 1, Xiaopeng Motor announced that its November sales volume was 36,728 vehicles, up 19% year on year, but down 12% from the previous month. This is Xiaopeng Motor's first month-on-month decline in nearly six months, and it also failed to achieve the goal of “steadily delivering more than 40,000 vehicles per month starting in September” given by He Xiaopeng.

According to the data, from January to November 2025, Xiaopeng Motor's cumulative delivery volume reached 391,937 vehicles, an increase of 156% over the previous year. From January to November 2025, Xiaopeng Motor's overseas deliveries reached 39,773 vehicles, an increase of 95% over the previous year.