Hesai's Hong Kong listing hedges against Nasdaq removal risk, exec says

Shares surge 10% in debut; CFO says car sensor maker unfazed by 70% US tariffs

20250916 hesai

The Hesai booth at CES 2025 in Las Vegas in January. The Chinese maker of auto sensors now has dual listings in Hong Kong and on the Nasdaq. © Getty Images

WATARU SUZUKI, LORRETTA CHEN and KENSAKU IHARA

HONG KONG -- Hesai Group, China's leading producer of laser sensors for cars, made a strong debut on Hong Kong's stock exchange Tuesday, a move a top executive said would help reassure investors wary of the future of its Nasdaq-listed shares.

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