A New Chinese Company – To Raise Up To $171 million in U.S. IPO

China’s Hesai Group on Friday announced plans to raise as much as $171 million in an initial public offering in the United States, according to a term sheet. The Shanghai-based lidar maker will offer up to 9 million American depositary shares at between $17 and $19 apiece. Laser-based lidar sensors help self-driving cars detect objects […]