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Hesai Group Announces Global Offering with Hong Kong Listing

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Hesai Group Announces Global Offering with Hong Kong Listing

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The latest update is out from Hesai Group Sponsored ADR ( (HSAI) ).

On September 11, 2025, Hesai Group announced its plans to issue and sell Class B ordinary shares to international underwriters and cornerstone investors, with the shares to be listed on The Stock Exchange of Hong Kong Limited. This move is part of a Global Offering, which includes both an International Offering and a Hong Kong Public Offering. The company has entered into agreements with various financial institutions to act as sponsors, coordinators, and underwriters for this offering. This strategic initiative is expected to enhance Hesai Group’s market presence and provide additional capital to support its growth and expansion efforts.

The most recent analyst rating on (HSAI) stock is a Buy with a $35.00 price target. To see the full list of analyst forecasts on Hesai Group Sponsored ADR stock, see the HSAI Stock Forecast page.

Spark’s Take on HSAI Stock

According to Spark, TipRanks’ AI Analyst, HSAI is a Neutral.

Hesai Group’s overall stock score is driven by its strong revenue growth and improving gross margins, which are offset by ongoing profitability and cash flow challenges. Technical indicators suggest mixed momentum, with a longer-term uptrend but short-term weakness. Valuation concerns arise from a negative P/E ratio and lack of dividend yield. The earnings call provided a positive outlook, but this was not factored into the score due to the methodology.

To see Spark’s full report on HSAI stock, click here.

More about Hesai Group Sponsored ADR

Hesai Group is a company based in Shanghai, China, operating in the technology sector. It specializes in the development and production of LiDAR sensors, which are crucial for autonomous driving and advanced driver-assistance systems (ADAS). The company focuses on providing innovative solutions for the automotive and robotics industries.

Average Trading Volume: 3,194,457

Technical Sentiment Signal: Buy

Current Market Cap: $3.76B

For a thorough assessment of HSAI stock, go to TipRanks’ Stock Analysis page.

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