Hesai's 15-minute chart triggers Bollinger Bands Narrowing and KDJ Death Cross.

Hesai's 15-minute chart indicates a narrowing of Bollinger Bands, accompanied by a KDJ Death Cross at 09/19/2025 14:30. This suggests a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, with a potential for further decline.

Hesai Group, a leading LiDAR sensor manufacturer, made a strong debut on the Hong Kong Stock Exchange, joining other domestic companies in conducting secondary listings. As of press time, Hesai shares climbed 11 percent to HK$236.2 per share, with a market capitalization of HK$36 billion LiDAR maker Hesai surges on Hong Kong stock market debut^[1]. The company raised HK$4.16 billion ($535 million) through the listing, the largest in the global LiDAR industry to date LiDAR maker Hesai surges on Hong Kong stock market debut^[1].

Hesai's listing is significant for several reasons. It is the first LiDAR manufacturer to achieve dual primary listings in both the US and Hong Kong. The company has been listed on the Nasdaq since February 9, 2023 LiDAR maker Hesai surges on Hong Kong stock market debut^[1]. The proceeds from the listing will be allocated to research and development (50 percent), production capacity expansion (35 percent), and business expansion (15 percent) LiDAR maker Hesai surges on Hong Kong stock market debut^[1].

The company's financial performance has been robust. Hesai delivered 501,900 LiDAR units in 2024, representing a 126 percent year-on-year increase. For the six months ended June 30, 2025, the company recorded net income of RMB 26.5 million, compared to a net loss of RMB 179 million in the same period last year LiDAR maker Hesai surges on Hong Kong stock market debut^[1]. This marks the company's first profitable year and the first time a publicly listed LiDAR manufacturer achieved annual profitability and positive operating cash flow LiDAR maker Hesai surges on Hong Kong stock market debut^[1].

Market indicators suggest a potential shift in momentum. Hesai's 15-minute chart on September 19, 2025, at 14:30, showed a narrowing of Bollinger Bands and a KDJ Death Cross. This indicates a decrease in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially signaling further decline China's Hesai rises in Hong Kong share debut as lidar-sensor maker raises US$531 million^[2].

Hesai's strong financial performance and market position make it an attractive investment for those looking to capitalize on the growth of the LiDAR industry. However, the market indicators suggest investors should be cautious and monitor the stock closely.