Stock Track | HORIZONROBOT-W Soars 6.05% as Xingtou ET5 Debuts with Advanced Autonomous Driving Technology

Stock Track
2025/10/21

HORIZONROBOT-W (09660) saw its stock soar by 6.05% in intraday trading, reaching HKD 8.76 with a trading volume of HKD 830 million. The surge comes on the heels of the 2025 Chery Global Innovation Conference, where the Xingtou ET5, featuring Horizon's advanced driver assistance technology, made its global debut.

The Xingtou ET5 showcases Horizon's HSD (Horizon Smart Drive) and the Chengcheng® 6P, demonstrating the company's prowess in autonomous driving technology. Horizon's HSD, utilizing an "end-to-end + reinforcement learning" architecture, significantly enhances the safety, efficiency, and comfort of the vehicle's driving assistance capabilities. This technological advancement has not gone unnoticed in the automotive industry, with HSD securing contracts for over 10 vehicle models from various manufacturers.

Adding to the positive sentiment, Horizon has set an ambitious production target of millions of units within the next 3-5 years. Morgan Stanley analysts have highlighted the accelerating adoption of global autonomous driving, noting that China is well-positioned in this trend. The increasing collaboration between global automotive manufacturers and local technologies is expected to expedite autonomous driving strategies, potentially benefiting companies like HORIZONROBOT-W in the long term.

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