On June 1, Horizon Robotics-W rose 3.4% in regular trading, reaching HK$5.48 per share with trading volume of HK$872 million, rebounding after consecutive sessions of decline.

On the news front, the company disclosed that it repurchased approximately 22.1 million shares on May 29 for approximately HK$117 million at prices ranging from HK$5.25 to HK$5.36 per share, demonstrating management's continued commitment to supporting the stock. The cumulative buyback amount has exceeded HK$2.7 billion in recent weeks.

Meanwhile, the Hong Kong-listed technology sector strengthened broadly, with peers including Kingdee International up 19.12%, JST Group up 16.25%, and Marketingforce up 13.62%, creating a favorable sector backdrop. Institutionally, CLSA maintained its Outperform rating with a target price of HK$11, while UBS assigned a Buy rating with a target price of HK$13.2, both implying significant upside from current levels.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)