Hesai Technology plans to return to China's capital market, may conduct dual listing in Hong Kong

According to people familiar with the matter, Hesai Technology, a leading company in China's lidar industry, is planning to return to the Chinese capital market and may conduct a dual listing on the Hong Kong stock market. This move is aimed at avoiding geopolitical risks since Trump took office, while taking advantage of the popularity of the domestic new energy industry chain to further consolidate the company's supply chain advantages.