Hesai Group Sets Record Date for 2026 AGM and Clarifies Voting Procedures

TipRanks22:07

Morgan Stanley: China's humanoid robotics industry has the potential to replicate the 'electric vehicle miracle'.

Morgan Stanley stated that humanoid robotics in China is replicating the "electric vehicle miracle" through an all-encompassing industrial chain strategy, capturing 46% of global venture capital investments within the year. The industry's commercial deployment is accelerating across the board, with Unitree Robotics demonstrating remarkable profitability and achieving a gross margin of approximately 60%. It is projected that by 2050, the global market will reach 7.5 trillion US dollars, with China accounting for 30% of global adoption, leading this ultimate blue ocean opportunity.

wallstreetcn09:35

Hesai Group Class B (2525) Receives a Buy From Bank of America Securities

TipRanks08:39 · Ratings

Express News | Ministry of Foreign Affairs: China and the US are maintaining communication regarding President Trump's visit to China.

BreakingsMay 6 15:48

Bank of America Securities has lowered its target price for Hesai (02525.HK) to HKD 211 while reiterating a "Buy" rating.

Bank of America Securities issued a research report stating that Hesai (02525.HK) expects its shipments in the first quarter of this year to increase by 104% to 130% year-on-year, reaching 400,000 to 450,000 units, while revenue is projected to grow by 24% to 33% year-on-year, amounting to RMB 650 million to RMB 700 million. However, the brokerage anticipates that due to seasonal factors and increased operating expenses associated with new business development, Hesai's profitability in the first quarter will be lower than expected. Consequently, the firm has lowered its earnings forecast for this year by 7%, revised the target price from RMB 234 to RMB 211, and reiterated a "Buy" rating.

AASTOCKSMay 6 11:41

Rivian Mulls LiDAR Production in Potential Chinese Partnership

CnEVPostMay 6 10:04