US Stock Movement | Hesai Group (HSAI.US) Rises Over 4% as Dual "US Stock + H-Share" Listing Layout Approaches

Stock News
Sep 03

On Wednesday, Hesai Group (HSAI.US) rose over 4%, trading at $26.14. On the news front, Hesai Group passed the Hong Kong Stock Exchange hearing on the evening of August 31st, potentially becoming the first company to go public through the "tech enterprise express lane" application channel. A relevant executive from Hesai Group stated that the company's decision to return to Hong Kong for listing is fundamentally aimed at improving the stability and security of the company's stock trading, creating maximum value for shareholders and protecting their interests, which represents the company's primary strategic consideration.

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