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Officials say the real estate market is bottoming out. What’s your view on China's property market?
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Good setup for the next leg up

Xpeng focuses on expanding in the European market, and ignoring the short-term policy decision is a very smart move.
Brian Gu dropped hint that Xpeng will work more with VW. To me, this is manufacturing in Europe. Which model will they pick between Mona M03 and P7+?
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