Tesla Rival Xpeng Hires Morgan Stanley, JPMorgan To Prepare Hong Kong Listing For Aeroht: Report - XPeng (NYSE:XPEV)

Xpeng Inc. (NYSE:XPEV) has reportedly hired banks to help set up the automaker's flying car unit, Aeroht's Hong Kong public listing.Morgan Stanley, JP Morgan HiredThe Chinese automaker has sought the services of Morgan Stanley, as well as JPMorgan & Chase Co., to prepare for the possible IPO, Bloomberg reported on Monday, citing anonymous sources familiar with the matter.Xpeng, JPMorgan and Morgan Stanley didn't immediately respond to Benzinga's request for comment.The report also suggested that the IPO pla ...