Equities
US-blacklisted company files for dual listing after posting Q2 net profit
A Hesai sensor is installed on the bumper of a self-driving car in San Francisco in 2019. The Nasdaq-listed company is set to offer shares on the Hong Kong bourse. © Getty Images
WATARU SUZUKI
September 8, 2025 12:42 JST
SHANGHAI — Hesai Group, a Chinese maker of sensors for self-driving vehicles that has been embroiled in geopolitical tensions with the U.S., plans to raise 3.7 billion Hong Kong dollars ($474.5 million) in a public listing on the Hong Kong Exchange.
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