Hong Kong Stocks Movement | HESAI-W (02525) Rises Over 4% in Early Trading as Next-Gen L3 Automotive-Grade LiDAR Solutions Set to Debut at CES 2026

Stock News12-16

HESAI-W (02525) surged over 4% in early trading, and as of press time, it was up 2.84% at HK$163.1, with a turnover of HK$19.11 million.

According to an announcement on Hesai Group's official WeChat account, the company will make a high-profile appearance at CES 2026 in Las Vegas from January 6 to 9, 2026 (Booth: West Hall #5601). This marks Hesai Group's eighth consecutive year participating in CES, where it will showcase its latest LiDAR technologies for ADAS and robotics applications across diverse scenarios.

Key highlights include the recently upgraded ATX LiDAR, featuring the Fermi C500 chip and photon isolation technology, as well as next-gen L3 automotive-grade LiDAR solutions—such as the long-range ET series, short-range blind-spot FT series, and the compact high-performance 3D LiDAR JT series for robotics. All these flagship products will be unveiled at CES.

Hesai Group noted it has secured mass production contracts for over 120 vehicle models from 24 global automakers, with deliveries scheduled between 2026 and 2030. The company has also secured full-series collaborations with its top two ADAS clients for 2026, achieving 100% standard adoption. The upgraded ATX model alone has received orders exceeding 4 million units from leading global automakers, with mass production set to begin in April 2026.

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