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XPeng Chairman Buys Nearly $30 Mln Of Shares As China EV Maker Slides To Record Low

Por: Forbes Business September 26, 2022

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XPeng Chairman He Xiaopeng in 2021. Photographer: Qilai Shen/Bloomberg© 2021 Bloomberg Finance LP He Xiaopeng, the billionaire founder and chairman of China electric vehicle maker XPeng, bought nearly $30 million of shares in the company on Friday as a fall in the Alibaba-backed company continued anew. XPeng slid 0.2% on Friday in New York trading to $13.71, a record closing low. The once high-flying, Guangzhou-headquartered manufacturer’s... + full article



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