Glonghui, March 20 | Morgan Stanley published a research report saying that Xiaopeng Motor was recently sold off, making short-term valuations relatively attractive, so it is expected that its stock price will rise about 70% to 80% within the next 45 days. The bank pointed out that the negative factors of Xiaopeng's weak delivery performance in the first quarter of this year are believed to have been reflected in recent stock price performance. It is expected that sales will pick up starting next quarter. At the same time, the Group and its shareholder German car company Volkswagen may reveal more details of the cooperation, and that Xiaopeng may announce the launch cycle of new models and the development progress of more advanced driver assistance systems (ADAS). Damo is expected to have a positive impact on its stock price. Damo is currently giving Xiaopeng a target price of 18 US dollars for US shares, and the rating is “increase in holdings.”