After Motors was listed in Hong Kong, the local index company announced its inclusion in its indexes. Now, a mainland index is going to include it as well.

China Securities Index Co Ltd (CSI) announced Thursday that it has decided to include XPeng's Hong Kong shares in its Hong Kong Technology Index starting July 21, 2021, according to its fast-track inclusion rules for new .

The index code is 931574 and its constituents are 50 Hong Kong stocks with large market capitalization, high R&D investment, and high revenue growth rate to reflect the overall performance of the securities of leading listed technology companies in the Hong Kong market.

CSI did not announce which other stock was removed from the index after XPeng was included.

There are currently several funds in the China A-share market that track the index, meaning that XPeng's Hong Kong stock is expected to receive passive capital inflows from the mainland.

XPeng is listed in Hong Kong on July 7, 2021, with a total issue market capitalization of $35.9 billion.

Hang Seng Indexes Company Limited said last Thursday that XPeng will be included in the Hang Seng Composite Index as well as the Hang Seng Consumer Goods Manufacturing and Services Index after the market closes on July 20, 2021, with effect from Wednesday, July 21, 2021.

The move is expected to boost the liquidity of XPeng stock and increase the likelihood that it will be included in the Hong Kong-Mainland Stock Connect as early as the fourth quarter, Citi analyst Jeff Chung said in a research note released on Friday.

On July 1, FTSE Russell said in a statement on its website that XPeng's ADS will be included in FTSE Russell's global equity indices, including the FTSE All-World Index, the FTSE Global Large Cap Index, and the FTSE Emerging Index, on July 8. Emerging Index.

XPeng's local peers and were both previously included in the FTSE Russell Global Equity Index, with NIO on September 2, 2020 and Li Auto on December 21, 2020.

XPeng fell 4.77 percent to HK$143.80 in Hong Kong on Thursday.