Xpeng

Xpeng Motors' shares are expected to start trading in Hong Kong next week, and the HKEx will launch stock options contracts on the same day it goes public.

For listed companies, inclusion in an index means that there will be passive investment flows that track the index. Chinese electric vehicle company Xpeng Motors has become the latest to be included in an international index.

Xpeng Motors delivered a record 6,565 vehicles in June, up 15 percent sequentially from 5,686 in May and up 617 percent year-over-year.

Xpeng Motors has been more than 5 times oversubscribed after launching its Hong Kong public offering for subscriptions on Friday.

Xpeng Motor set the final offering price for both its international offering and its Hong Kong public offering at HK$165 per Class A common share, the Chinese electric vehicle company said Wednesday.

Xpeng hinted that the model will be available in more colors, similar to what many Chinese smartphone manufacturers are doing now, and is expected to win over more young consumers.

Xpeng Motors has guided its Hong Kong listing pricing at HK$165 per share, Bloomberg reported Wednesday. That sits below the company's previously announced maximum offering price of HK$180.

Although still a small percentage of its total revenue, Norway's contribution to Xpeng Motors' revenue is no longer negligible.

As the G3i, a facelift of its compact SUV G3, gets closer to launch, Xpeng Motors has released more information about the vehicle.

The new car will continue to be available in 460-kilometer as well as 520-kilometer range versions, the same as the current G3.