On July 2, Hesai-W rose 8.8% in regular trading, trading at HKD 140.0/share, with turnover of HKD 59.49 million.

On the news front, Li Auto officially launched the all-new Li L8, with Hesai LiDAR standard-equipped across all trims. The Livis version features 4 LiDAR units per vehicle — 1 ATL-P forward main radar and 3 FTX pure solid-state radars — enabling 360-degree 3D perception. Boosted by this development, Hesai's US-listed shares surged over 15% in the prior trading session, driving continued momentum in its Hong Kong listing.

Additionally, the company's shareholder meeting on June 26 approved a 1-for-8 stock split and a share buyback authorization of up to 10% of issued capital, aimed at improving Hong Kong stock liquidity and enhancing earnings per share. Multiple brokerages maintain Buy ratings with target prices ranging from HKD 217 to HKD 270, suggesting significant upside from current levels.

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