Hesai Group (NASDAQ:HSAI) is named one of the best high-growth Chinese stocks to buy. BofA Securities reaffirmed its Buy rating and raised the price target to $32 from $25 on January 15. Key catalysts include new business technology and improved ATX devices with new chips.

Hesai Group (NASDAQ:HSAI) has made significant strides in lidar technology, delivering over 2 million lidars and partnering with NVIDIA for autonomous driving capabilities. The company designs and manufactures high-performance lidar sensors for autonomous driving, ADAS, and robotics applications.

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Read more at Yahoo Finance: BofA Reaffirms Buy on Hesai Group (HSAI) Amid New Chips, L3 Regulation, and Growth Drivers