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Hesai Group

Hesai Group
The latest news and top stories on the Hesai Group. A leading entity in the technology sector, Shanghai-based the Hesai Group specialises in three-dimensional lidar solutions. It primarily serves global automotive OEMs, autonomous vehicle and robotics companies, providing products for advanced driver assistance systems and autonomous mobility. Hesai is a global leader in automotive lidar, holding significant market share and achieving non-GAAP profitability. Despite a US court ruling upholding its blacklisting over alleged dual-use technology, Hesai asserts its products are strictly for commercial use. Its overall business focus is on innovation, in-house manufacturing and global expansion.
IPO

Hangzhou ‘Six Little Dragons’ member Manycore seeks US$130m from Hong Kong IPO

The spatial design software developer is selling 161 million shares priced between HK$6.72 and HK$7.62 each, with listing set for April 17.

China’s lidar giants pivot to robotics in boost supply chain dominance

Index compiler MSCI tilts towards Chinese tech stocks in latest revamp

A net 21 stocks were added to the MSCI China Index, including SenseTime, Pony.ai and Hesai Technology.

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