HSHESAI@EC2611A

Hesai's Fermi C500 Chip Passes ISO26262 ASILB Certification, Becomes World's First RISC-V LiDAR Main Control Chip

Hesai Group Releases 2026 Q1 Report Turning Profit, Huachuang Securities Maintains Strong Buy Rating with Target Price of HKD 249.39

Bank of Communications International Maintains Buy Rating and HK$269.66 Target Price for Hesai, Upwardly Revises 2026-28 Revenue Forecast

Hesai Group Q1 Net Profit 18.3M RMB, Appointed Mercedes-Benz Strategic Partner, Q2 Revenue Forecast 850M-900M RMB

HESAI-W released FY2026 Q1 earnings on May 19 Pre-Market (BJT), actual revenue HKD 771.57 M (forecast HKD 758.76 M), actual EPS HKD 0.1247 (forecast HKD 0.0035)

HESAI-W to Release FY2026 Q1 Earnings on May 19 Pre-Market (BJT), Forecast Revenue HKD 768.66 M, EPS HKD 0.0035

US Bank Securities Maintains Buy Rating on Hesaitech Class B Shares

Hesa Achieves Annual GAAP Profitability and Leads in Automotive Lidar Market

Hesai Provides Exclusive LiDAR Solution for KargoBot Space 2.0 Mass Production

China Merchants International Securities Maintains Buy Rating for Hesaigroup B Shares with a Target Price of HKD 228.54

CMB International Maintains HSAT Group Target Price and Rating

UBS Maintains BUY Rating and Sets Target Price for Hesai Technology Class B Shares

Hesa Hosts Technology Open Day to Showcase Strategic Transformation and Launch New Products

Goldman Sachs Raises Hesai Target Price to HKD273

Hesa ETX 6D LiDAR Platform Scheduled for Mass Production in the Second Half of the Year

Hesa Technology Achieves Full-Year Profit in 2025, Becoming the First Globally

Guotai Junan and DBS Reaffirm Buy Rating for Hesai Tech Class B Shares

CICC Downgrades Hesai's Profit Forecast and Adjusts Target Price

Hesa Group Signs Lidar Product Supply Agreement with Sharpa

JOLIMARK

TIMES UNI GP

APEX ACE HLDG

VPOWER GROUP

GW TIANDI

FUJING HOLDINGS

TEAMWAY INTL GP

SFSY NEW MAT

FDB HOLDINGS

KEEN OCEAN

02525

HSAI

ROBO

BOTT

HUMN

ARKQ

IBOT

BOTZ

Haitong International reports that HESAI-Wachieved strong 1Q26 results with revenue of RMB680 million, up 30% YoY, and a net profit of RMB18 million. LiDAR shipments surged 141% YoY, with significant growth in both ADAS and robotics segments. HESAI launched the Picasso chip and Kosmo product, enhancing its spatial intelligence strategy. Projected revenue for 2026 exceeds RMB4.3 billion, with a 40% growth rate. The broker maintains an Outperform rating with a target price of HKD247.

AASTOCKS News

HESAI-W

Hesai

ROBO Global Robotics

Themes Humanoid Robotics ETF

Roundhill Humanoid Robotics ETF

ARK Autonomous Tech & Robotics ETF

VanEck Robotics ETF

Global X Robotics & Artificial

Haitong International: HESAI-W  Delivers Strong 1Q26 Results, Advances Spatial Intelligence Strategy

Hesai Group will hold its annual general meeting on June 26, 2026, at 1:30 p.m. Beijing time in Suzhou, China. Shareholders as of May 22, 2026, are entitled to attend and vote. The board supports the proposed resolutions. The company has filed its annual report for the fiscal year ended December 31, 2025, with the SEC, available on its website.

StockTitan

Deutsche Bank AG

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

Hesai Group to Hold Annual General Meeting on June 26, 2026 | HSAI Stock News

Goldman Sachs has maintained its 'buy' rating for Hesai Technology, with a target price of HKD 273 for its Hong Kong shares and USD 35 for its U.S. shares. According to Jin10, following the release of first-quarter results for 2026, the company provided order guidance indicating that revenue from its SGI business is expected to slow to RMB 1 billion by 2027-2030 due to uncertain market conditions.

CoinLive

Goldman Sachs

GS Hldg R

STOCKS | Goldman Sachs Maintains Buy Rating for Hesai Technology

CMSI reported that HESAI-Wdelivered 1Q results in line with expectations, with revenue of RMB681 million, up 29.6% YoY. LiDAR shipments reached 477,000 units, exceeding forecasts. Despite a 45% YoY drop in LiDAR ASP to RMB1,441, management views this as a healthy trend. CMSI emphasizes breakthroughs in spatial intelligence AI hardware, targeting RMB100 million in SGI revenue by 2026. The broker maintains an Overweight rating, with target prices of USD32 forand HKD250 for HESAI-W.

CMSC

CMSI: HESAI-W  Quarterly Results In Line; LiDAR Shipments Beat; Reiterate Overweight

Daiwa has raised Hesai Group's target price to USD36 and reiterated a Buy rating, switching its valuation method to P/E. The report highlights Hesai's transition to a dual-engine growth model, with revenue from its new AI-integrated spatial intelligence device, Kosmo, expected to start in Q2. The company continues to secure significant orders from major clients, and Daiwa has increased its revenue forecasts for the next two years by 1% to 6%.

Daiwa Securities Group Inc.

Li Auto

LI AUTO-W

XIAOMI-W

Xiaomi Corporation

GEELY AUTO

Geely Auto

Mercedes-Benz Group AG

GAC GROUP

GAC Group

Toyota Motor Corp.

Toyota Motor

XIAOMI-WR

Xiaomi HK SDR 2to1

GEELY AUTO-R

GEELY AUTOMOBILE HOLDINGS LIMITED SPON ADS EACH REP 20 ORD

Toyota

Daiwa Raises Hesai Group  TP to USD36, Reiterates Buy; Switches Valuation Method to P/E

BOCOM International reported that HESAI-W's lidar shipments in 1Q26 rose 140.9% YoY to 472,000 units, exceeding guidance. Revenue increased 29.6% YoY to RMB680 million, but ASP fell 45% YoY. HESAI is now a strategic partner for Mercedes-Benz's L3 models and is expanding its global capacity with a new factory in Thailand. BOCOM maintains a Buy rating, citing long-term growth potential and a target price of HKD269.66.

BOCOM INTL

BOCOM International: HESAI-W  1Q26 Shipments Exceed Upper-End Guidance, Maintains Buy on Long-term Growth Potential

At today's close, HESAI-W's stock price plummeted by 9.01%, ranking among the top declines in the Hong Kong stock market, with a trading volume of HKD 368 million, indicating a massive capital outflow. The MACD daily line formed a death cross signal below the zero axis, suggesting that the medium-term downward trend is being further confirmed, and the bearish forces have shifted from probing to dominance. For a leading lidar company in its growth phase, such a significant single-day decline often indicates a temporary shake in the market's valuation logic, and the bulls will need time to rebuild confidence in the short term. On the industry level, the automotive parts and intelligent driving sectors have recently shown a divergence in performance. BYD's stock fell by 3.94% to HKD 90.2 today, while Geely Automobile dropped by 1.24%, putting pressure on the entire automotive supply chain. On the news front, global long-term bond yields remain high, with the U.S. 30-year Treasury yield reaching 5.20%, a new high since 2007, creating systemic pressure on high-valuation growth stocks in a high-interest-rate environment. Additionally, a member of the Federal Reserve's FOMC clearly stated that interest rate cuts are not advisable until inflation targets are met, further dampening market expectations for liquidity easing. For technology companies like HESAI that are still in the early stages of commercialization and rely on valuation premiums, the deterioration of the interest rate environment directly impacts their pricing foundation. Technically, the 9% single-day decline has pushed the stock price into the short-term oversold range, but the death cross pattern below the MACD zero axis indicates that the medium-term weakness has not yet bottomed out

Technical Forecast

BYD COMPANY

BYD Company

BYD HK SDR 10to1

Geely Auto HK SDR 2to1

BYD Company Limited

BYD COMPANY-R

Pre-market trend | HESAI-W (2525.HK) plummeted 9% on May 20, is it a crushing sell-off by the bears?

00866

06871

06681

07666

08299

06998

02685

06666

09929

CHINA QINFA(00866) fell 27.84%, with a trading turnover 228.4 Million HKD, and a year-to-date fell 31.6%. ROBOTPHOENIX(06871) fell 17.93%, with a trading turnover 96.9 Million HKD, and a year-to-date rose 34.5%. BRAINAURORA-B(06681) fell 16.83%, with a trading turnover 539.7 Million HKD, and a year-to-date fell 47%.

Top Gainers&Losers

CHINA QINFA

ROBOTPHOENIX

BRAINAURORA-B

METIS TECHBIO-P

GT GOLD

EDDING GENOR

QUANTGROUP

EVERG SERVICES

SEM HLDGS

Top 10 HK Stock Losers (5.20)

GOOG

GOOGL

NVDA

MRVL

02076

09988

89988

HBBD

BABA

09626

BILI

09866

00700

80700

HTCD

TCEHY

TCTZF

0520 | Dolphin Research Focus: 🐬 Stock pick 1: $BABA-W(09988.HK) unveiled its in-house AI chip 'Zhenwu' M890 at the recent Alibaba Cloud Summit, offering 3x the prior-gen performance and 144GB of VRAM. It also introduced a 128-card ultra-node server and plans to roll out V900 in 2027.This high-spec, self-developed compute chip is a major step by a domestic internet platform toward autonomy at the compute infrastructure layer. It should materially reduce reliance on overseas high-end chips for enterprise-grade compute workloads...

BABA launches in-house AI chip 'Zhenwu M890'; NVDA invests $2 bn in MRVL | Daily News Recap

HSHESAI@EC2611A(29599.HK)

Haitong International: HESAI-W Delivers Strong 1Q26 Results, Advances Spatial Intelligence Strategy

Hesai Group to Hold Annual General Meeting on June 26, 2026 | HSAI Stock News

STOCKS | Goldman Sachs Maintains Buy Rating for Hesai Technology

CMSI: HESAI-W Quarterly Results In Line; LiDAR Shipments Beat; Reiterate Overweight

Daiwa Raises Hesai Group TP to USD36, Reiterates Buy; Switches Valuation Method to P/E

BOCOM International: HESAI-W 1Q26 Shipments Exceed Upper-End Guidance, Maintains Buy on Long-term Growth Potential

Pre-market trend | HESAI-W (2525.HK) plummeted 9% on May 20, is it a crushing sell-off by the bears?

Top 10 HK Stock Losers (5.20)

BABA launches in-house AI chip 'Zhenwu M890'; NVDA invests $2 bn in MRVL | Daily News Recap