XPENG-W Vice Chair Anticipates Remarkable Growth for the Company This Year
Company Growth Outlook: XPENG-W is expected to experience significant growth this year, with overseas sales potentially outpacing domestic sales, according to vice chairman Brian Gu.
Flying Car Business Rumors: Gu refrained from commenting on speculation regarding the listing of XPeng's flying car business in Hong Kong but expressed enthusiasm for the low-altitude economy.
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Alibaba Introduces Its Own AI Chip 'Zhenwu 810E'
Stock Performance: BABA-W (09988.HK) experienced a decline of 2.193%, with short selling reaching $1.06 billion and a ratio of 9.101%.
AI Chip Launch: Alibaba's T-Head announced the launch of the high-end AI chip "Zhenwu 810E", which is deployed in Alibaba Cloud and serves over 400 clients, including State Grid and XPENG-W (09868.HK).
AI Golden Triangle: The release of the Zhenwu 810E chip marks the establishment of Alibaba's AI golden triangle, consisting of Tongyi Laboratory, Alibaba Cloud, and T-Head.
Global Position: Alibaba is now the second company worldwide, after Alphabet Inc. (GOOG.US), to have full-stack self-developed capabilities in "large model + cloud + chip".
M Stanley Highlights Recent Focus Stocks in Asia Pacific, Excluding Japan (Table)
Hong Kong Stock Performance: TENCENT saw a slight increase of 0.403%, while XPENG-W experienced a decline of 2.607%. ZIJIN MINING rose by 3.172%.
Short Selling Data: TENCENT had short selling of $434.90M with a ratio of 7.520%, XPENG-W had $91.16M and a ratio of 21.002%, and ZIJIN MINING had $677.92M with a ratio of 20.266%.
Regional Stock Highlights: Notable stocks from other regions include India's Bajaj Finance and ICICI Bank, Australia's BHP Group and Gemlife Communities, and Singapore's Keppel.
Market Information: The Hong Kong stock quotes are delayed by at least 15 minutes, and the short selling data is as of January 29, 2026.
