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Hesai Group launches global issuance with a maximum sale price in Hong Kong of HKD 228.00 or USD 29.04 per share.
Jin10 reported on September 6 that Hesai Technology has launched a global offering of 1.7 million Class B shares, with the code 2525 for a dual primary listing on the Hong Kong Stock Exchange. The maximum offering price in Hong Kong is HKD 228.00 or USD 29.04 per share. The company has signed cornerstone investment agreements with HHLR Advisors (an institution under Hillhouse Group), Taikang Life, WT Asset Management, Grab, Hongda Group, and Commando Global Fund.