HK Stock Market Move | HESAI-W(02525) rose nearly 5% again, ATX to receive designated models from Geely Galaxy and will gradually start mass production and delivery.

HESAI-W(02525) rose by nearly 5%, reaching a 4.44% increase at the time of publishing, at 162.2 HKD, with a trading volume of 23.1288 million HKD. On the news front, Hesai Technology announced that the Hesai long-range LiDAR ATX has been mass-produced and installed in the Geely Galaxy V900. At the same time, the Hesai long-range LiDAR AT series has been designated for multiple models for the Geely Galaxy brand in 2025 and 2026, and will be delivered in succession. It is worth noting that Hesai was previously included in the Hang Seng Composite Index, which officially took effect on Monday, December 8th. The inclusion of the stock in the index reflects the market's high recognition of the company's business performance and value. Analysts point out that Hesai is expected to be included in the Hong Kong Stock Connect in the future, further expanding its investor base and attracting additional mainland funding.