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[Brokerage Focus] CMB International initiates a 'Buy' rating for Horizon Robotics (09660), expecting it to achieve breakeven by 2027.
King Wu Financial News | According to a Research Report from China Merchants Bank International, Horizon Robotics (09660) is a leading provider of ADAS/AD solutions for Passenger Vehicles in China, with full-stack self-developed capabilities in Hardware, Software, and algorithms. The company's core products include Horizon Mono (J2/J3 series), Horizon Pilot (J3/J5 series), and Horizon SuperDrive (J6P series). Benefiting from the ongoing trend of automotive electrification, the increased market awareness of autonomous driving solution demands, and government policy support, the organization anticipates Global
Horizon Robotics-W rose over 3% in the early market, recently achieving a formal strategic cooperation with Denso.
Horizon Robotics-W (09660) saw its stock price increase by 2.93% in the morning session, currently reported at 5.98 Hong Kong dollars, with a turnover of 0.391 billion Hong Kong dollars.
Hong Kong Stock Market Midday Review | Hang Seng Index rose 1.36% in the morning session, Mainland Real Estate stocks all moved higher.
Citigroup strategists urge investors to increase Shareholding in Chinese Real Estate stocks, as policy support and better management practices are expected to enhance profitability in the industry.
From technological faith to industrial conclusion: Horizon (9660.HK) anchors the next decade with "calm in the midst of the storm."
In 2024, China's new energy auto industry set a historic new high, with both production and sales surpassing 12 million units, continuing a ten-year streak at the top of the Global ranking. In light of this achievement, there are many voices of skepticism in the market: has the Chinese new energy auto market reached its growth ceiling? The latest data from the China Association of Automobile Manufacturers for the first quarter of 2025 provides a clear response. The data shows that in the first quarter of 2025, production and sales of new energy vehicles in China increased by 50.4% and 47.1% respectively compared to the same period last year, with market penetration continuing to rise, showcasing the industry’s intrinsic growth momentum. So, what is the underlying logic supporting this growth potential? From the author's perspective.
Express News | Horizon Robotics and Bosch Intensify Collaboration to Provide Assisted Driving Solutions for Multiple Automakers
Humanoid robot competition: a "technical coming-of-age ceremony" where "flops" and "evolution" occur simultaneously.
① The champion team from Tian Gong, CTO Tang Jian of the Peking Humanoid Robot Innovation Center, told the Star Daily reporter, "The half marathon competition is mainly a limit test for the robot's Hardware and Software motion algorithm, or the stability and reliability of the robot's 'little brain'." ② The Wuxi embodied intelligence sports event opening tomorrow, along with the upcoming robot combat competition held by Yushu, will undoubtedly attract more attention for 'inspection.'
