Shares of Chinese EV maker Xpeng Inc. $9868.HK jumped nearly 3% during Wednesday trading in Hong Kong, hitting HK$80.45 intraday before settling at HK$79.10 — outperforming the Hang Seng Index, which rose just 0.8%. The spike follows the announcement of a new Xpeng Huawei partnership, signaling a renewed technological offensive in China’s dynamic electric vehicle market.