Hong Kong-listed EV maker Xpeng hits two-week high, Daiwa lifts PT after results

** Hong Kong shares of Chinese EV maker climb 2.7% to HK$161.20, the highest since Aug. 12

** Guangdong-based co says Q2 revenue soared 536.7% to 3.76 bln yuan ($579.9 mln) but net loss widened to 1.19 bln yuan from 146 mln yuan in a year ago period on R&D expense

** Says it expects Q3 revenue to be as much as 5 bln yuan with vehicles deliveries of up to 22,500, or a year-on-year increase of 162.3%

** Brokerage Daiwa reiterates "buy" rating on stock and lifts PT of Hong Kong shares to HK$209 from HK$200 and U.S. shares to $55 from $52 to reflect it has revised forecasts for Xpeng's new car sales after solid Q3 guidance

** Citi reiterates "buy" rating on stock saying it turned more positive on Xpeng Q4 shipment with re-rating cycling to kick in from late September to early October

** JP Morgan raises TP of U.S. shares to $58 from $50

** Rival Li Auto's Hong Kong shares gain 0.3%, Geely Automobile surges 3%, and BYD Co Ltd increases 2.4%

** The Hong Kong Hang Seng sub-index tracking information technology firms climbs 0.8%, and the Hang Seng Tech Index rises 1.1%

** The Hang Seng China Enterprises Index climbs 1% and the benchmark index gains 0.5%