$ 57 price target could be just the start for XPeng by StockNews

Not everyone is in love with Chinese stocks right now, but investors should consider investing in electric vehicle maker XPeng (XPEV). Here’s why. Let’s be honest. Not all investors like Chinese companies and stocks at this time. Maybe they saw what happened to the giant Didi Global DIDI>, and they are afraid to take a position in the Chinese manufacturer of electric vehicles (EV) XPeng XPEV> because the stock of XPEV may also collapse.

However, let’s not make generalizations here. True, the Chinese government has cracked down on some companies, mostly due to cybersecurity and antitrust concerns.

But then, not all companies based in China are in trouble. In addition, the XPEV share will not necessarily meet the same fate as DIDI and other Chinese shares.

Continue reading on StockNews

Disclaimer: Fusion media would like to remind you that the data contained in this site is not necessarily real time or accurate. All CFDs (stocks, indices, futures) and Forex prices are not provided by the exchanges but rather by the market makers, and therefore the prices may not be accurate and may differ from the actual market price, which means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media assumes no responsibility for any business losses that you may incur as a result of the use of such data.

Fusion media or anyone involved with Fusion Media will accept no responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.