$XPeng (XPEV.US)$ https://cnevpost.com/2022/09/25/he-xiaopen...
$XPeng(XPEV.US$
https://cnevpost.com/2022/09/25/he-xiaopeng-boosts-holdings-in-xpeng/
BREAKING: XPeng CEO boosts holdings as EV maker's stock falls over 70% this year
The board of directors (the “Board”) of the Company was informed by Simplicity Holding Limited (“Simplicity Holding”), a controlling shareholder of the Company, that on 23 September 2022, Simplicity Holding had purchased in the open market a total of 2,200,000 ADSs of the Company (the “ADSs”) at an average price of US$13.58 per ADS (the “Acquisition”).
https://cnevpost.com/2022/09/25/he-xiaopeng-boosts-holdings-in-xpeng/
BREAKING: XPeng CEO boosts holdings as EV maker's stock falls over 70% this year
The board of directors (the “Board”) of the Company was informed by Simplicity Holding Limited (“Simplicity Holding”), a controlling shareholder of the Company, that on 23 September 2022, Simplicity Holding had purchased in the open market a total of 2,200,000 ADSs of the Company (the “ADSs”) at an average price of US$13.58 per ADS (the “Acquisition”).
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Joejj : One important point, why does even he buy from ADR and not even hong kong shares.
Could be that the confidence of him in SEC audit.
Joejj : Two, he is expecting a bump soon. Maybe G9 is successful at the launch?