Hesai Technology, a newly listed Hong Kong stock, surged over 5% in the dark trading. Hesai Technology plans to offer 17 million Class B ordinary shares globally. The global offering consists of two tranches: 1.7 million Class B ordinary shares in Hong Kong and 15.3 million Class B ordinary shares internationally. Hesai Technology has the option to adjust the offering size, allowing it to allot and issue up to an additional 2.55 million Class B ordinary shares. Based on the IPO price of HK$228, the company expects to raise a total of HK$3.876 billion, with net proceeds of HK$3.706 billion.