XPeng’s $31 Billion Gap Shows Hazy China EV Outlook

(Bloomberg) — The biggest debate for sell-side analysts covering Chinese equities these days centers around a $31 billion question: what is the outlook for XPeng Inc. The divide is sending shares on quite a roller-coaster ride.

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The Chinese electric-vehicle maker has one of the widest price target gaps among members of the MSCI China Index, according to Bloomberg-compiled data, with analysts forecasting the stock could surge to HK$196 — or slump to HK$18 — over the…