Jefferies said in a report that LiDAR demand remains strong, but shifts in market share highlight an increasingly fragmented competitive landscape. Chinas LiDAR installations in April rose 114% YoY and 14% MoM to 378,000 units. Penetration in traditional passenger vehicles reached 19%, up 11 ppts YoY, while penetration in new energy vehicles reached 32%, up 16 ppts YoY.The report noted continued divergence in market share trends. HESAI-W (02525.HK) -2.400 (-1.552%) Short selling $29.34M; Ratio 25.099% maintained its leading position with a 34.7% share, up 5.5 ppts YoY but down 3.2 ppts MoM. Huawei rebounded to 26.8% in April, up 3.5 ppts MoM, but still down 13.3 ppts YoY. SEYOND (02665.HK) -0.890 (-12.043%) and ROBOSENSE (02498.HK) -1.060 (-3.290%) Short selling $16.53M; Ratio 17.030% showed mixed performance, accounting for 12.8% and 11.8% market share, respectively, representing a YoY increase of 0.7 ppts and a YoY decrease of 6.7 ppts; on a MoM basis, they fell 4.4 ppts and rose 1.1 ppts, respectively.Related News JPM Cuts ROBOSENSE (02498.HK) TP to HKD45, 1Q Results Miss ExpectationsIn the first four months of 2026, LiDAR installations surged 157% YoY to 1.3 million units. HESAI-W, Huawei, SEYOND and ROBOSENSE accounted for 34%, 31%, 16% and 12% of the total, respectively. Jefferies cut its TP for ROBOSENSE (02498.HK) -1.060 (-3.290%) Short selling $16.53M; Ratio 17.030% from HKD50.8 to HKD41.7, while maintaining a Buy rating. (ha/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-06-08 12:25.)
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