On July 10, Horizon Robotics-W rose 3.67% in regular trading, trading at HKD 4.53/share, with turnover of HKD 144 million. The stock rebounded after two consecutive sessions of decline totaling over 6%.

On the news front, Guotai Haitong Securities previously initiated coverage with an Overweight rating and a target price of HKD 5.18, implying approximately 15% upside from the current level. The brokerage forecasts revenue of RMB 6.2 billion, 8.8 billion, and 12.7 billion for the next three years, citing accelerating growth momentum. Additionally, market expectations for a next-generation chip IP licensing collaboration with BYD continue to build. IP licensing, such as BPU architecture authorization, represents a high-gross-margin business model in the semiconductor industry, and its realization could meaningfully improve the company revenue structure.

(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.)