Movement Alert｜HORIZONROBOT-W Intraday Rise 3.1% in Regular Trading, sentiment stabilizes after BYD-related rumor repricing

Market Focus

Nov 05

On November 5, HORIZONROBOT-W recorded an Intraday Rise of 3.1% in Regular Trading, trading at HK$3.655, with turnover of HK$163 million.

A recent market catalyst was the continued repricing of BYD-related cooperation rumors. Earlier reports had lifted expectations that Horizon's HSD solution had entered BYD's Tian Shen Zhi Yan B program, but BYD later denied online claims that its Tian Shen Zhi Yan C would be discontinued or replaced. Following that clarification, market sentiment toward HORIZONROBOT-W showed signs of repair.

Supporting context remains the company's underlying smart-driving commercialization progress. Its interim results showed revenue of RMB2.055 billion, up 32.9% year on year, with licensing and services revenue of RMB1.129 billion, up 52.7%, indicating continued rollout of ADAS and higher-level autonomous driving solutions.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Earlier reports had lifted expectations that Horizon's HSD solution had entered BYD's Tian Shen Zhi Yan B program, but BYD later denied online claims that its Tian Shen Zhi Yan C would be discontinued or replaced. Following that clarification, market sentiment toward HORIZONROBOT-W showed signs of repair.</p><p>Supporting context remains the company's underlying smart-driving commercialization progress. Its interim results showed revenue of RMB2.055 billion, up 32.9% year on year, with licensing and services revenue of RMB1.129 billion, up 52.7%, indicating continued rollout of ADAS and higher-level autonomous driving solutions.</p><p>(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. 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