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<Research>CMS: HESAI-W 3Q Results Basically in Line; Long-term Expansion Potential Enormous
Recommend 4 Positive 4 Negative 2 |
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HESAI-W (02525.HK) delivered 3Q25 revenue and GPM largely in line with expectations, and it decided to raise its full-year profit guidance, according to China Merchants Securities' research report. HESAI-W's shipment guidance for next year is strong. While the market is overly concerned about competition in the short term, there is significant long-term expansion potential. China Merchants Securities reduced HESAI-W's target price to HKD218.1, reflecting the expansion of equity following the H-share listing. AAStocks Financial News |
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