On February 18, Xiaopeng Automobile was included in the list of stocks under the Shanghai-Hong Kong Stock Connect, effective from the trading date of the next Hong Kong Stock Connect.
Shanghai-Hong Kong Stock Connect, that is, the Shanghai-Hong Kong stock market trading interconnection mechanism, refers to the fact that investors of the two places entrust the members of the Shanghai Stock Exchange or the participants of the Stock Exchange to buy and sell the shares listed on the other exchange within the prescribed scope through the securities trading service company established by the Shanghai Stock Exchange or the stock exchange where the other party is located. Shanghai-Hong Kong Stock Connect includes two parts: Shanghai Stock Connect and Hong Kong Stock Connect.
Hong Kong Stock Connect refers to investors entrusting members of the Shanghai Stock Exchange to declare to the Stock Exchange through the Securities Trading Service Company of the Shanghai Stock Exchange and buy and sell stocks listed on the Stock Exchange within the prescribed scope.