Hesai Group, a Chinese producer of LiDAR systems for Advanced Driver-Assistance Systems (ADAS) and autonomous vehicles, made its debut on the Hong Kong Stock Exchange’s main board on 16th September 2025. The company offered 17 million Class B shares priced at HKD 212.8, with the share price rising by 7% on the first day of trading. Hesai Group was already listed on the US Nasdaq exchange, and the new Hong Kong share offering raised around HKD 4.2 billion (US$ 533 million) for the company, which it plans t ...