Xpeng granted 10 billion yuan credit from China Citic Bank
Reuters
Aug 18
Xpeng granted 10 billion yuan credit from China Citic Bank
BEIJING, Aug 18 (Reuters) - China Citic Bank will grant Xpeng 9868.HK 10 billion yuan ($1.39 billion) in credit to support the electric vehicle maker's business operations and development, Xpeng said in a statement on Monday.
($1 = 7.1783 Chinese yuan renminbi)
(Reporting by Beijing Newsroom)
((yukun.zhang@thomsonreuters.com;))
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