Daily Investment Strategy
Daily focus：XPeng Motors（9868）
XPeng Motors officially launched the G7, a mid-sized pure electric SUV, priced between RMB 195,800 and RMB 225,800, in line with market expectations. In terms of performance, the G7 is mid-range, with a maximum horsepower of 296 and rear-wheel drive, slightly lower than its competitor Zeekr 7X. Compared to Xiaomi’s YU7, the G7 focuses on intelligent driving and an affordable price. Monthly sales are expected to stabilize between 8,000 and 10,000 units. XPeng plans to begin deliveries in mid-July, with full activation of intelligent driving features expected in August alongside the installation of the VLA system. Overall, the launch of the G7 marks XPeng’s completion of its SUV product lineup.
U.S. Continue to put pressure on trade negotiation
On Friday, Trump officially signed the “Big and Beautiful” Tax and Spending Bill. In addition, last week Trump also mentioned that new tariff rate demands would be sent to other countries. On Friday, Trump signed letters addressed to 12 countries, which will be mailed to those countries on Monday. When asked if more agreements would be reached soon, Trump said there are still a few agreements in progress, but his preference is to first send letters specifying the tariff rates because it is much simpler. This aligns with the U.S. negotiation tactic of putting pressure on the opposing party.
On Friday, the Hong Kong Stock Connect recorded a net outflow of HKD 6.68 billion. Among the stocks, XPeng Motors (9868) recorded the largest net inflow, reaching HKD 870 million, followed by Semiconductor Manufacturing International Corporation (SMIC) (981). Alibaba (9988) recorded the largest net outflow, reaching HKD 1.49 billion, followed by Xiaomi Group (1810).
Leung Kai Tong is a SFC licensed person accredited to KGI Group to carry on regulated activities (for details, please refer to: https://apps.sfc.https://apps.sfc.hk/publicregWeb/indi/ADU276/details). He and/or his associate do not have any financial interest in the recommended issuer or new listing applicant.
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