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China's Hesai rises in Hong Kong share debut as lidar-sensor maker raises US$531 million
Yahoo Finance·2025-09-16 17:30

Shares of Hesai Group, the world's largest supplier of lidar sensors, rose in their Hong Kong debut on Tuesday as investors tapped into the offering amid a slew of blockbuster deals in the city's listing pipeline. Trading under the code 2525, Hesai's shares opened at HK229.20,apremiumof7.7percenttotheofferpriceofHK229.20, a premium of 7.7 per cent to the offer price of HK212.80 per share. The company sold 19.55 million shares, including 2.55 million shares through the full exercise of the offer size adjustment option, raising about HK$4.16 billion ...