On July 17, XPeng Group-W declined 3.36% in regular trading, trading at 53.4 HKD/share, with turnover of approximately 242 million HKD. The pullback came after the stock surged over 7% in the prior session on multiple positive catalysts.

On the news front, XPeng officially apologized for air spring failures affecting some X9 owners under extreme high-temperature conditions, with reports citing cases in Chongqing where 40°C-plus heat caused suspension air leaks and vehicle body collapse. The company announced a dedicated warranty upgrade, extending front air spring system coverage from 5 years/120,000 km to 8 years/160,000 km, encompassing four key components including the front air spring strut assembly, air supply unit, solenoid valve box, and air reservoir. The quality incident raised market concerns over brand reputation damage and potential after-sales costs.

Additionally, a notable block sell order of 207,100 shares worth approximately 11.71 million HKD appeared during the early session, intensifying selling pressure on the stock.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)