Xpeng’s offer price represents a 4.1 per cent discount to its US close on Tuesday

Xpeng’s shares will start trading from July 7 under the stock code ‘9868’

Xpeng

, which has ambitions to rival Tesla, has priced its shares at HK$165 each, helping the Guangzhou-based start-up raise HK$14 billion (US$1.8 billion), making it the biggest dual-primary listing by a US-listed Chinese company.