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<Research>HSBC Research Initiates Coverage on HORIZONROBOT-W with Rating Buy, TP HKD10.2
HSBC Research opined in its report that HORIZONROBOT-W (09660.HK) will become central to the widespread adoption of autonomous driving in China even though it only has a small reve...
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<Research>HSBC Research Initiates Coverage on HORIZONROBOT-W with Rating Buy, TP HKD10.2
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HSBC Research opined in its report that HORIZONROBOT-W (09660.HK)  +0.290 (+4.553%)    Short selling $83.13M; Ratio 9.700%   will become central to the widespread adoption of autonomous driving in China even though it only has a small revenue scale.

It is understood that the AI chips, algorithms, and autonomous driving software provided by HORIZONROBOT-W have already served more than 310 vehicle models from over 40 carmakers, including BYD, Geely, and Li Auto.

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HSBC Research gave HORIZONROBOT-W a Buy rating for the first time, with a target price of HKD10.2.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-23 16:25.)

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