The Nasdaq China Golden Dragon Index closed down by 4.45%, with popular Chinese concept stocks generally declining, and XPeng Motors experiencing a drop of over 10%. On November 12th, the first day of the China International Aviation and Aerospace Exhibition, Xiaopeng Huitian conducted the world’s first public flight of its split-type flying car, the ‘Land Aircraft Carrier’. At the event, Xiaopeng Huitian’s founder, Zhao Deli, showcased for the first time the entire process of the land-based ‘mothership’ and the aircraft’s ‘automatic separation and combination’.
