Hedge Fund Sells Entire Stake in XPeng Worth $29.5 Million
Yong Rong (HK) Asset Management Ltd sold 1,588,000 shares of XPeng (XPEV) worth approximately $29.47 million, as reported in a recent SEC filing. The sale reduced the fund's position in XPeng to zero shares, and the transaction accounted for 12.98% of the fund's AUM. The move reflects a significant shift in the fund's portfolio.
Tickers: $XPEV
Topics: SEC filings stock sales XPeng Yong Rong (HK) Asset Management Ltd