$XPeng Inc.(XPEV)$China Evergr

2022-07-06

$XPeng Inc.(XPEV)$China Evergrande Group (OTCPK:EVGRF) is set to begin accepting orders for its Hengchi 5 SUV model this week, per a new regulatory filing.

Preorders for the vehicle are due to open on Wednesday, with pricing expected to be far below similar offerings from domestic competitors XPeng Inc. (XPEV) and NIO (NIO). The South China Morning Post indicated that the vehicle is expected to undercut competitors at a $23,878 list price to ensure strong initial sales for the EV unit connected to the heavily distressed real estate developer Evergrande (OTCPK:EGRNF).

The announcement comes only about a week after a winding-up petition against the struggling property developer was filed in Hong Kong. Trading in the name has been suspended for months as the firm has failed to report audited financials for 2021.021.

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Comments

DrEaMx
2022-07-07
DrEaMx
nice nice
- cuteypie:
  OK
- gogostocks:
  OK
MortimerDodd
2022-07-07
MortimerDodd
NIO and XPENG definitely have better cars than this one.
- pokokoko:
  ok
EvanHolt
2022-07-07
EvanHolt
I lost a lot of money in this company.
- LesterTan:
  Sorry to hear that. That’s why i only buy the best companies in each respective industry so i sleep easy eg baba, tsm, adbe, amzn etc. I also bought rubbish companies before, lesson le arned
BellaFaraday
2022-07-07
BellaFaraday
Thanks for your good post.
苗派
2022-07-08
苗派
Isn’t Evergrande Group in trouble ? Who will buy it’s car even it’s cheapest.
HelenJanet
2022-07-08
HelenJanet
Thanks for sharing 👍[Happy]

Leave a comment

1596

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Preorders for the vehicle are due to open on Wednesday, with pricing expected to be far below similar offerings from domestic competitors XPeng Inc. (XPEV) and NIO (NIO). The South China Morning Post indicated that the vehicle is expected to undercut competitors at a $23,878 list price to ensure strong initial sales for the EV unit connected to the heavily distressed real estate developer Evergrande (OTCPK:EGRNF). The announcement comes only about a week after a winding-up petition against the struggling property developer was filed in Hong Kong. Trading in the name has been suspended for months as the firm has failed to report audited financials for 2021.021.<img src=\"https://community-static.tradeup.com/news/6b65a47447ef54b6fee0d46f49b5acc0\" tg-width=\"1080\" tg-height=\"1800\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$</a>China Evergrande Group (OTCPK:EVGRF) is set to begin accepting orders for its Hengchi 5 SUV model this week, per a new regulatory filing. Preorders for the vehicle are due to open on Wednesday, with pricing expected to be far below similar offerings from domestic competitors XPeng Inc. (XPEV) and NIO (NIO). The South China Morning Post indicated that the vehicle is expected to undercut competitors at a $23,878 list price to ensure strong initial sales for the EV unit connected to the heavily distressed real estate developer Evergrande (OTCPK:EGRNF). 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and XPENG definitely have better cars than this one.","text":"NIO and XPENG definitely have better cars than this one.","html":"NIO and XPENG definitely have better cars than this 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lost a lot of money in this company.","text":"I lost a lot of money in this company.","html":"I lost a lot of money in this company.","likeSize":5,"commentSize":1,"subComments":[{"id":102759379,"commentId":"102759379","gmtCreate":1657241483079,"gmtModify":1663253735049,"authorId":4105421923397120,"author":{"id":4105421923397120,"idStr":"4105421923397120","authorId":4105421923397120,"name":"LesterTan","avatar":"https://community-static.tradeup.com/news/1244d1eac543f84d6b2c017832a1d98d","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 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That’s why i only buy the best companies in each respective industry so i sleep easy eg baba, tsm, adbe, amzn etc. I also bought rubbish companies before, lesson le arned","text":"Sorry to hear that. That’s why i only buy the best companies in each respective industry so i sleep easy eg baba, tsm, adbe, amzn etc. I also bought rubbish companies before, lesson le arned","html":"Sorry to hear that. 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Who will buy it’s car even it’s cheapest. ","text":"Isn’t Evergrande Group in trouble ? Who will buy it’s car even it’s cheapest. ","html":"Isn’t Evergrande Group in trouble ? Who will buy it’s car even it’s cheapest. ","likeSize":3,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102756940,"commentId":"102756940","gmtCreate":1657236850272,"gmtModify":1663253724739,"authorId":3581735774790928,"author":{"id":3581735774790928,"idStr":"3581735774790928","authorId":3581735774790928,"name":"HelenJanet","avatar":"https://static.tigerbbs.com/1730eb70f7129a82541df3a6f640a671","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9070657538,"objectIdStr":"9070657538","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Thanks for sharing 👍[Happy]","text":"Thanks for sharing 👍[Happy]","html":"Thanks for sharing 👍[Happy]","likeSize":5,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9070657538"}