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<Research>HTSC Initiates Coverage of HORIZONROBOT-W w/ Rating Buy & TP HKD9.28
Huatai Securities has released a report initiating coverage of HORIZONROBOT-W (09660.HK) with a Buy rating. Based on a projected 2025 P/S ratio of 31.1 times, the broker set its ta...
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<Research>HTSC Initiates Coverage of HORIZONROBOT-W w/ Rating Buy & TP HKD9.28
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Huatai Securities has released a report initiating coverage of HORIZONROBOT-W (09660.HK)  -0.260 (-3.283%)    Short selling $189.49M; Ratio 19.454%   with a Buy rating. Based on a projected 2025 P/S ratio of 31.1 times, the broker set its target price at HKD9.28.

As a market-leading supplier of advanced driver-assistance system chips and solutions for passenger vehicles, HORIZONROBOT-W aims to empower automobiles and robots and push forward the intelligent transformation of end devices, according to the report.

Related NewsCiti: BYD's Price Cut Raises EV Penetration, Bodes Well for Hesai & HORIZONROBOT-W
Huatai Securities estimated that HORIZONROBOT-W would stand to benefit from tailwinds like the rapid growth of advanced intelligent driver-assistance features continuously driven by LI AUTO-W (02015.HK)  -2.100 (-1.880%)    Short selling $189.90M; Ratio 23.915%   , BYD COMPANY (01211.HK)  -9.200 (-2.200%)    Short selling $290.18M; Ratio 13.084%   , and other carmakers.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-28 12:25.)

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