Lidar Maker Hesai Is Said to Confidentially File for Hong Kong Listing
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China’s Hesai Group, the world’s largest maker of lidar sensors used in driver assistance systems, has confidentially filed for a Hong Kong listing, according to people familiar with the matter.
Nasdaq-listed Hesai is working with banks on a potential offering that may take place this year, the people said, asking not to be identified because the deliberations are private. Considerations are ongoing and details such as size and timing are not finalized, the people said.