US Stock Market Move | HSAI.US rose more than 4%, about to achieve a dual layout of "US stocks + H shares"

On Wednesday, Hesai (HSAI.US) rose more than 4%, closing at $26.14. In terms of news, on the evening of August 31st, Hesai Group Sponsored ADR passed the hearing of the Hong Kong Stock Exchange, and may become the first company to go public through the "Science and Enterprise Special Line" channel. The person in charge of Hesai Group Sponsored ADR stated that the company's decision to list in Hong Kong is primarily to enhance the stability and security of the company's stock trading, create maximum value for shareholders, and safeguard their interests, which is the company's primary strategic consideration.