Xpeng shares soar 10% in Hong Kong as Chinese carmaker forecasts upbeat revenue
1. Xpeng's stock surged 10% after strong earnings and revenue forecast. 2. First-quarter revenue more than doubled, narrowing net loss significantly. 3. Second-quarter deliveries expected to be up 237% to 257% year-over-year. 4. Company aims for profitability by Q4 2023 through new models. 5. Investors optimistic about Xpeng's market future and autonomous driving features.