Hot Topics

Self-selected stocks
Data center
Market center
Capital flow
Simulated trading
Client


Citi has released a research report, indicating that Horizon Robotics-W (09660) has deepened its strategic cooperation with Volkswagen through CARIZON. CARIZON will adopt Horizon’s AI foundational large model licensing model to develop unified autonomous driving technology. The bank estimates that, under unchanged conditions, the partnership will generate approximately 3 billion yuan in licensing revenue contributions over the next three years, equivalent to a 10% to 12% upside in gross profit. Citi gives Horizon Robotics-W a target price of HK$12.3, with a rating of "Buy/High Risk".

The bank has initiated a 30-day positive catalyst watch on Horizon Robotics-W, primarily based on the cooperation news helping to improve market sentiment, expectations that the penetration of BYD's "God's Eye" solution will drive market share growth, and that competitiveness will be enhanced in the second half of 2026.

Massive information, precise interpretation, all on Sina Finance APP

Editor: Lu Yujun