JPMorgan (XPEV) Boosts Investment in Chinese Assets with Significant Stock Purchases

JPMorgan Chase has significantly increased its investment in Chinese assets, acquiring a considerable amount of stock in several major companies. According to the Hong Kong Stock Exchange data, the firm expanded its stake in XPeng Inc. (XPEV, Financial) by approximately HKD 639 million, raising its holding from 4.57% to 5.35%. Additionally, it increased its investment in Boss Zhipin by about HKD 138 million, elevating its stake from 9.88% to 10.05%.The investment bank also boosted its holdings in Zijin Mini ...