- Bank of America Corp DE reduced its stake in Hesai Group Sponsored ADR by 69.0% during the 1st quarter, leaving it with 147,756 shares valued at $2,825,000.
- Several other institutional investors and hedge funds also adjusted their positions in the company during recent reporting periods.
- Hesai Group reported quarterly revenue of $126.70 million and $0.01 EPS for the quarter ending in August.
- U.S. major indices experienced slight declines on August 31, with the Nasdaq dropping 0.12 %, the S & P 500 falling 0.33 %, and the Dow Jones decreasing 0.7 %.
- Top Chinese concept stocks showed mixed performances during the trading session, featuring notable share price movements across various companies.
- So-Young International (SY) surged 21.25 % with a trading volume of 39.9 million USD, while MINISO (MNSO) declined 9.97 % with a trading volume of 25.127 million USD.