CICC: Maintains HSA International's Outperform rating with a target price of HK$217.00.

According to the Wise Financial News app, Zhongjin released a research report stating that it maintains its profit forecasts for Hesai-W (02525.HK) for 2026 and 2027 unchanged. The current H-share price corresponds to a P/E ratio of 40.3 times for 2026 and 24.9 times for 2027. The current US share price corresponds to a P/E ratio of 40.0 times for 2026 and 24.8 times for 2027. Both H-shares and US shares maintain an outperform rating against the industry, and maintain a target price of HK$217.00/US$27.14, with H-shares corresponding to 55.2 times/34.0 times P/E for 2026/2027 and US shares corresponding to 53.6 times/33.2 times P/E for 2026/2027, with upward potential of 36.9%/34.0% respectively.