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<Research>CLSA: HORIZONROBOT-W (09660.HK) Product Progress Shall Gain Mkt Recognition; Rating Kept at Outperform
HORIZONROBOT-W (09660.HK) launched the industry's first all-in-one cockpit-driving chip, Starry 6, at its annual product launch event, CLSA released a research report saying. O...
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<Research>CLSA: HORIZONROBOT-W (09660.HK) Product Progress Shall Gain Mkt Recognition; Rating Kept at Outperform
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HORIZONROBOT-W (09660.HK)  +0.170 (+2.901%)    Short selling $242.15M; Ratio 31.689%   launched the industry's first all-in-one cockpit-driving chip, Starry 6, at its annual product launch event, CLSA released a research report saying. Of which, the 6P version adopts a 5-nanometer process, with a computing power of 650 TOPS.

Against the backdrop of rising memory prices, Starry 6 can help automakers save approx. RMB1,500-4,000 in costs per vehicle.

CLSA believed that negative factors in the auto sector have been fully reflected in HORIZONROBOT-W's share price, and the market should recognize the Company's progress in chip and HSD sales.

Therefore, the broker kept rating at Outperform for HORIZONROBOT-W, with a target price of $11.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-22 16:25.)

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