New Stock Debut | HESAI-W listed for the first time, opening up 7.71% in early trading. The company is the world's largest supplier of lidar

Zhitong
2025.09.16 01:26
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HESAI-W debuted on its first day of trading, opening up 7.71% at HKD 229.2. The share price was set at HKD 212.80, with a total issuance of 19.55 million shares, raising approximately HKD 4.005 billion. HESAI Technology is the world's largest supplier of LiDAR, primarily developing LiDAR sensors that are widely used in the fields of autonomous driving and robotics. The LiDAR industry is expected to grow rapidly, with revenues projected to reach USD 1.6 billion in 2024 and increase to USD 17.3 billion by 2029