Five Chinese Firms Dominate Friday’s Top 10 Gainers

5. Hesai Group (NASDAQ:HSAI)

Hesai Group saw its share prices increase by 6.05 percent on Friday to finish at $19.63 apiece as investors continued to place bets on Chinese stocks amid the booming Artificial Intelligence industry in China, thanks to the rapid advancements in DeepSeek.

HSAI, a company specializing in light detection and ranging (lidar) technology, traded higher in line with fellow US-listed Chinese firms.

Earlier this month, HSAI announced various partnerships, including with a spatial AI software platform to deliver lidar technology and perception software for Embotech’s AVM technology deployed in BMW facilities and known internally at BMW as Automated Driving In-Plant (AFW).

It also bagged design wins for multiple Chery models, which are expected to enter mass production in the second half of 2025. Hesai said the new models will be equipped with the newest generation of Hesai’s ultra-compact high-performance ATX lidar.