04:50 AM EST, 01/12/2026 (MT Newswires) -- XPeng ( XPEV ) has hired JPMorgan Chase ( JPM ) and Morgan Stanley ( MS ) to work on an initial public offering of its flying car subsidiary, Xpeng Aeroht, in Hong Kong, Bloomberg News reported Monday, citing people familiar with the matter.

The share sale could happen as soon as this year, the unnamed sources told the news outlet.

XPeng ( XPEV ), JPMorgan ( JPM ), and Morgan Stanley ( MS ) didn't immediately respond to MT Newswires' requests for comments.

XPeng ( XPEV ) shares were up 2.7% in recent premarket activity.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)