Movement Alert|Horizon Robotics-W Rises 4.43% in Regular Trading, BYD Cooperation Expectations and Smart Driving Policy Catalysts Continue to Drive Gains

Market Focus
07/03

On July 3, Horizon Robotics-W rose 4.43% in regular trading, trading at HKD 4.66/share, with turnover of HKD 518 million, extending its recent strong momentum.

On the news front, multiple positive catalysts continue to ferment. Founder Yu Kai previously disclosed that the company has secured a particularly large cooperation order, with market consensus pointing to a new round of scaled orders from BYD likely to materialize. Earlier, BYD Chairman Wang Chuanfu was seen with Yu Kai test-driving a BYD Seal equipped with Horizon's smart driving solution, signaling deepened strategic collaboration.

Additionally, institutional research indicates that this year marks a critical watershed for China's intelligent driving industry transitioning from a feature competition phase to institutionalized commercial deployment. The broader smart driving sector has rallied in recent sessions, with lidar and chip suppliers benefiting from the industry inflection point. Horizon's Journey 6 series chips continue accelerating mass production, while its HSD V2.0 assisted driving system upgrade further strengthens its competitive positioning in the autonomous driving chip duopoly alongside NVIDIA.

(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.)

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