U.S. stocks move丨Lidar Technology concept stocks rise across the board, Hesai surged nearly 12% at one point.

In a report on December 21st, it was noted that U.S. stocks related to Lidar Technology surged across the board, with Hesai (HSAI.US) at one point climbing nearly 12% to $12.36. The latest Research Reports from Puyin International indicated that the evolution of the New energy Fund industry has entered a new phase, with intelligent driving as a core application area, providing strong support for the expansion of upstream component fields. As a high-precision and highly reliable sensing device, Lidar plays a crucial role in the perception systems of Autos. Thanks to the large-scale production by Chinese manufacturers and relentless efforts in optimizing technical costs, the cost of onboard Lidar is rapidly decreasing.

Gelonghui FinanceDec 21 00:08

Are Investors Undervaluing Hesai Group (NASDAQ:HSAI) By 33%?

Simply Wall StDec 19 22:55

Most Chinese concept stocks are rising in Pre-Market Trading: Li Auto and Hesai are up over 2%.

On December 19, according to Gelonghui, most Chinese concept stocks rose in Pre-Market Trading, with Asia Vets rising 32%, WiMi Hologram Cloud up over 16%, Niu Technologies increasing nearly 6%, ASE Technology rising over 4%, iQIYI and MicroCloud Hologram both up over 3%, Li Auto, NIO, Hesai, and New Century Storage all increasing over 2%, Taiwan Semiconductor up by 1%, while United Microelectronics, Blue Hat Interactive Entertainment Technology, Alibaba, Xpeng Motors, Bilibili, PDD Holdings, and Amer Sports all had gains of less than 1%.

Gelonghui FinanceDec 19 17:19

"Higher gross profit and lower R&D costs," the Lidar manufacturers are eyeing the Siasun Robot&Automation business.

① Hesai Technology is about to launch a miniaturized high-performance 3D Lidar designed for the Siasun Robot&Automation and industrial markets; Suoteng Juchuang is expected to achieve shipments in the robot field that could exceed six figures next year; ② Industry experts indicate that the Siasun Robot&Automation and vehicle Lidar have different application scenarios, leading to varying performance Indicators such as navigation and obstacle avoidance, distance measurement, and perception angles, resulting in different research and development focuses.

cls.cnDec 19 09:57

Shares of Several Companies in the Auto and Auto-related Space Are Trading Lower Amid Overall Market Weakness Following the Fed's Rate Decision to Cut Rates by 25 Basis Points

BenzingaDec 19 04:40

Hesai Group Down Nearly 20%, on Pace for Largest Percent Decrease Since February -- Data Talk

Dow JonesDec 19 00:25