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Total Assets$XPeng(XPEV.US) US stocks couldn't lift XPeng, and today the Hang Seng Tech Index couldn't lift it either. Buying stocks still requires picking those in the right industry cycle. This kind of automotive stock is extremely competitive ("involution") and has a consumer attribute rather than a tech attribute, not to mention it's a Hong Kong stock with extremely poor liquidity that even dogs wouldn't want. Waiting for it to rise is just waiting for luck; buying it is buying a lesson to gain experience.
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