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CEO of Chinese EV maker Xpeng buys back 2.2 million shares as new SUV model expected to boost sales, profitability

SCMP LogoSCMP4 mo ago

CEO of Chinese EV maker Xpeng buys back 2.2 million shares as new SUV model expected to boost sales, profitability - SCMP

Quick Summary:

He Xiaopeng, founder of Chinese smart EV maker Xpeng, is buying back 2.2 million of the firm’s American depositary shares, as its new SUV launch boosts confidence in its future.

CEO of Chinese EV maker Xpeng buys back 2.

Xpeng’s factory in Zhaoqing, Guangdong province.


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CEO of Chinese EV maker Xpeng buys back 2.2 million shares as new SUV model expected to boost sales, profitability - SCMP (Picture 1)

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Article Details

Author / Journalist: Yujie Xue

Category: Economy

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-25 @ 20:14:43 (4 months ago)

News Timezone: GMT +8:00

Ranking: #1206 (out of 2692 stories this day)

News Source URL: scmp.com

Language: English

Article Length: 30 words

Reading Time: 1 minutes read

Sentences: 4 lines

Sentence Length: 8 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 531939

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About SCMP

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Main Topics: Business

Official Website: scmp.com

Update Frequency: 4 posts per day

Year Established: 1903

Headquarters: Hong Kong

News Last Updated: 53 minutes ago

Coverage Areas: Hong Kong

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #42

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The story "CEO of Chinese EV maker Xpeng buys back 2.2 million shares as new SUV model expected to boost sales, profitability" has 30 words across 4 sentences, which will take approximately 1 minutes for the average person to read.

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The story "CEO of Chinese EV maker Xpeng buys back 2.2 million shares as new SUV model expected to boost sales, profitability" was covered 4 months ago by SCMP, a news publisher based in Hong Kong.

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  • URL: https://beamstart.com/news/ceo-of-chinese-ev-maker-16641233211269

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