Chinese EV-Maker XPeng Plunges After Alibaba Plans Stake Sale
Alibaba to cut stake to 7.5% from 10.2% for about $391 million
XPeng’s US shares fell as much as 8.6% after disclosure
Alibaba to cut stake to 7.5% from 10.2% for about $391 million
XPeng’s US shares fell as much as 8.6% after disclosure