Hesai Group Moves Forward with Hong Kong Listing Plans

An announcement from Hesai Group Sponsored ADR ( (HSAI) ) is now available.

On August 26, 2025, Hesai Group announced that the China Securities Regulatory Commission has issued a notice of filing regarding the company’s proposed global offering and dual primary listing of its Class B ordinary shares on The Stock Exchange of Hong Kong Limited. This move is part of Hesai’s strategic efforts to expand its market presence and access additional capital, although the completion of the offering and listing is contingent upon stock exchange approval and market conditions.

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 global leader in the development of three-dimensional light detection and ranging (lidar) solutions. The company focuses on providing advanced lidar technology, which is crucial for various applications, including autonomous vehicles and other industries requiring precise spatial sensing.

Average Trading Volume: 3,284,353

Technical Sentiment Signal: Buy

Current Market Cap: $3.17B

For detailed information about HSAI stock, go to TipRanks’ Stock Analysis page.