Shanghai-based, US-listed lidar maker Hesai jumped 7.7% in its Hong Kong debut, giving the company a ~$4.5B market cap after raising ~$514M from the IPO Nikkei Asia : Nikkei Asia 2025-09-16 ~$514M, Hesai, IPO, Hong Kong, Shanghai Related Coverage LiDAR maker Hesai surges on Hong Kong stock market debut CnEVPost Hesai's $535 Million Hong Kong IPO Rises on Debut: World's Largest Auto Lidar Maker Sees Strong Start Blockchain.News China's Hesai rises in Hong Kong share debut as lidar-sensor maker raises US$531 million South China Morning Post Lidar Giant Hesai Rises in HK Debut After $535 Million Listing Bloomberg