On July 28, HORIZONROBOT-W rose 3.25% in regular trading, trading at HK$4.92/share, with turnover of HK$143 million, extending its recent rebound momentum.

On the news front, Citibank recently initiated a 30-day positive catalyst watch on the stock and assigned a Buy/High Risk rating with a target price of HK$12.30. The catalyst watch was triggered by the company's deepened strategic cooperation with Volkswagen through CARIZON, under which Volkswagen will adopt Horizon's AI foundation model licensing to develop unified autonomous driving technology targeting L3 and L4 capabilities.

Additionally, Citibank expects BYD's Eye of God solution penetration to drive market share gains in the second half, reinforcing the company's competitive position. The company's H1 revenue is projected at RMB 1.93-2.08 billion, representing 24.8%-34.5% YoY growth, with HSD full-scenario intelligent driving solutions continuing to scale in mass production.

(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.)