Persistent Asset Partners Ltd Takes $1.22 Million Position in Hesai Group Sponsored ADR $HSAI

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Persistent Asset Partners Ltd has acquired a new stake of 43,226 shares in Hesai Group Sponsored ADR (NASDAQ:HSAI), valued at approximately $1.22 million. Several other institutional investors have also recently increased their positions in the company, highlighting growing institutional interest. Hesai Group, a technology company specializing in LiDAR sensors for autonomous vehicles, currently holds a “Buy” consensus rating from Wall Street analysts with an average price target of $30.80.

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