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Dec 08, 2021 06:23 PM
BUSINESS

China’s Xpeng Sees U.S. Delisting Threat as ‘Several Years Away’

Photo: Bloomberg
Photo: Bloomberg

(Bloomberg) — Electric-vehicle maker Xpeng Inc. is “following closely” the furor around U.S.-traded Chinese technology companies, although the threat of being forced to de-list from American exchanges remains “several years away,” according to President Brian Gu.

“We have been closely watching this process with China ADRs and also the accounting issue,” Gu said in an interview on Tuesday in the U.S. with Bloomberg Television. “We have the preparation already done to prepare for any eventualities.”

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