Hesai - TechWire

Hesai

2025.09.16

09:25

Hesai-W's stock price rose 7.7% on its first day of listing in Hong Kong

Hesai-W's stock price rose 7.7% on its first day of listing in Hong Kong.

2025.09.15

16:24

Hong Kong-listed new stock Hesai's dark trading rose by more than 5% at one point

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.

15:09

Hesai Technology Signs LiDAR Order Worth Over $40 Million with Leading US Robotaxi Company

On September 15th, Hesai Technology announced a further partnership with a leading US robotaxi company, signing a LiDAR order valued at over $40 million. Hesai will serve as the company's sole LiDAR supplier, providing both long-range and short-range LiDAR products, with delivery scheduled for completion by the end of 2026.

2025.09.11

14:29

Market news: Hesai Group plans to price its Hong Kong IPO at HK$212.80 per share.

2025.09.08

06:26

Hesai Technology announced on the Hong Kong Stock Exchange that it plans to issue 17 million shares in its Hong Kong listing (subject to whether the offering size adjustment option and over-allotment option are exercised), with a maximum issue price of HK$228. The expected pricing date is on or before noon on September 12, and trading is scheduled to begin on September 16.

2025.09.06

09:58

Hesai Group launches global offering, with Hong Kong offering price reaching HK$228 per share

On September 6, Hesai Technology launched a global offering of 17 million Class B shares, with a dual primary listing on the Hong Kong Stock Exchange under the ticker symbol 2525. The Hong Kong offering price was capped at HK$228 per share, or US$29.04. The company has signed cornerstone investment agreements with HHLR Advisors (a subsidiary of Hillhouse Group), Taikang Life Insurance, WT Asset Management, Grab, Hongda Group, and Commando Global Fund.

2025.08.31

21:21

Hesai Technology passed the Hong Kong Stock Exchange hearing and plans to list in Hong Kong

Hesai Technology has passed its Hong Kong Stock Exchange hearing and plans to list in the city. Data shows that Hesai Technology's net revenue is expected to reach RMB 1.203 billion, RMB 1.877 billion, and RMB 2.077 billion in 2022, 2023, and 2024, respectively. In the first quarter of 2025, the company achieved net revenue of RMB 525 million, a year-on-year increase of 46.3%.

2025.08.26

18:24

Hesai Technology's Hong Kong IPO has been registered with the China Securities Regulatory Commission

The International Cooperation Department of the China Securities Regulatory Commission issued a registration notice regarding the overseas issuance and listing of Hesai Group (Hesai Technology). The company plans to issue no more than 51,236,200 overseas listed common shares and list them on the Hong Kong Stock Exchange.

2025.08.22

00:01

LiDAR manufacturers are flocking to the robotics market, and the industry expects shipments to reach hundreds of thousands of units this year.

LiDAR sales in the robotics sector are growing at a faster rate than those in the ADAS (Advanced Driver Assistance Systems) sector. LiDAR manufacturers anticipate continued growth in the robotics sector. Hesai Technology anticipates receiving six-figure orders for its JT series LiDAR for its MOVA lawn mowing robot this year. Liu Xingwei, Vice President of Hesai Technology's Robotics Perception Business, recently revealed that the overall robotics LiDAR market is expected to ship between 300,000 and 400,000 units this year, with Hesai Technology's shipments to the robotics market exceeding 200,000 units.

2025.08.21

16:21

According to IFR, a media outlet under Reuters: Hesai Technology plans to raise approximately US$300 million through a listing on the Hong Kong stock market.

2025.08.09

21:34

Greenwoods Hong Kong's US stock holdings at the end of the second quarter of 2025 revealed

On the evening of August 8, Greenwoods Asset Management (HK), the overseas subsidiary of private equity giant Greenwoods Asset Management, submitted its US stock holdings data to the US Securities and Exchange Commission (SEC) as of the end of the second quarter of 2025. According to the 13F filing, as of June 30, 2025, Greenwoods HK held 28 securities in the US stock market with a total market value of US$2.874 billion, a decrease of approximately 11% from US$3.228 billion at the end of the first quarter. Facebook's parent company Meta remained the firm's largest US holding. In the second quarter, the firm added new investments in Nvidia, Yaduo, and Huazhu Group, and increased its holdings in Manbang Group, Qifu Technology, and Google's parent company Alphabet. However, it divested from Apple and several pharmaceutical giants, and reduced its holdings in NetEase, TSMC, and Hesai Technology. Reporters have learned from sources that Greenwoods Asset Management currently focuses primarily on Chinese assets, with the majority of its holdings in Hong Kong stocks. The firm is optimistic about opportunities in emerging sectors and believes it will focus on identifying companies with strong business models and strong free cash flow.

2025.07.28

21:32

Most Chinese stocks rose in early trading, with Pony.ai rising more than 7%

Most Chinese stocks rose in early trading, with Pony.ai up more than 7%, Hesai and Ascent Pharmaceuticals up more than 5%, and Tencent Music and Alibaba up more than 2%.

2025.06.24

23:16

Chinese stocks strengthened, with the Nasdaq China Golden Dragon Index rising nearly 3%

Chinese stocks strengthened, with the Nasdaq China Golden Dragon Index rising nearly 3%, Pony.ai rising more than 13%, New Oriental rising more than 12.7%, Hesai rising 12.4%, and Kingsoft Cloud rising 6.7%.

2025.05.27

16:09

Kuake Intelligence: Provides complete automation solutions for intelligent driving

Kuake Intelligence stated on the interactive platform that the company is deeply involved in the intelligentization of new energy vehicles. It has provided automated complete solutions for millimeter-wave radars, lidars, and cameras in ADAS, and automated production lines for One-box of controlled-line chassis. Its customers include Bosch, Faurecia, Hesai Technology, RoboSense, Senstech, Chuhang Technology, etc.

05:22

Hesai Technology: Net revenue in the first quarter was RMB 525.3 million (US$72.4 million), and revenue in the second quarter is expected to be between RMB 680 million (approximately US$93.7 million) and RMB 720 million (approximately US$99.2 million).

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