On June 17, Hesai-W declined 5.39% in regular trading, trading at 134.4 HKD/share, with turnover of approximately HKD 104 million.
On the news front, market concerns over the company's Q1 earnings quality continue to ferment. The company reported LiDAR shipment volume growth of 140.9% year-over-year, yet revenue increased only 29.6%, indicating a significant decline in average selling price per unit. This volume-price divergence has raised sustained market doubts about the sustainability of profitability. Notably, despite BOCOM International initiating coverage on June 16 with a Buy rating and a target price of HKD 269.66 — accompanied by upward revisions to revenue and net profit forecasts — market sentiment has shown no meaningful recovery.
Within the Auto Parts & Equipment sector, individual stocks showed mixed performance. Among peers, PATEO fell 12.79%, while MINIEYE rose 3.58%, CALB gained 2.57%, Zhejiang Shibao advanced 2.28%, and Minth Group added 2.0%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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