--- title: "Hong Kong stock movement: HORIZONROBOT-W fell 10.90%, UBS lowered forecasts and the split strategy raised market concerns" type: "News" locale: "en" url: "https://longbridge.com/en/news/288002697.md" description: "HORIZONROBOT-W fell 10.90%; Aito fell 16.90%, with a transaction volume of HKD 866 million; SenseTime-W fell 0.60%, with a transaction volume of HKD 326 million; Kingdee International rose 0.56%, with a transaction volume of HKD 170 million; Minglue Technology-W fell 1.89%, with a market value of HKD 46.9 billion" datetime: "2026-05-29T03:13:05.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288002697.md) - [en](https://longbridge.com/en/news/288002697.md) - [zh-HK](https://longbridge.com/zh-HK/news/288002697.md) --- # Hong Kong stock movement: HORIZONROBOT-W fell 10.90%, UBS lowered forecasts and the split strategy raised market concerns **Hong Kong Stock Movement** HORIZONROBOT-W fell 10.90%. Based on recent key news: 1. On May 28, UBS lowered its revenue forecast for HORIZONROBOT due to weak demand for automobiles in China. UBS cut its revenue forecast for the fiscal years 2026 to 2028 by 8% to 14% and reduced the target price by 24% to HKD 10, putting pressure on the stock price. 2. On May 26, HORIZONROBOT split to establish Digua Robotics, focusing on a general base for robotic hardware and software. This move is seen as part of the company's strategic expansion, which may create uncertainty for the stock price in the short term. 3. On May 26, Digua Robotics completed a USD 150 million Series B financing, demonstrating market confidence in its future development, but the short-term impact on HORIZONROBOT's stock price is limited. The industry is facing weak demand and increased market volatility. **Stocks with High Trading Volume in the Industry** Wuyi Vision fell 16.90%. Based on recent news: 1. On May 26, Wuyi Vision's embodied intelligence data platform Aperdata.ai officially launched. The platform primarily addresses the pain points of missing training and validation data for embodied intelligence, creating a high-fidelity simulation training environment and synthetic data strictly constrained by physical laws, accelerating AI's transition from the digital world to the physical world. However, the market's reaction to the new platform was below expectations, leading to a decline in stock price. 2. On May 26, Tesla's chain is expected to complete the construction of large-scale production lines in H1 2026, with mass production starting in August 2026. The shipment volume of domestic chain leading entities is expected to increase from thousands to tens of thousands, with application scenarios mainly coming from secondary development, navigation, inspection, etc. The capitalization process of the robotics industry chain is significantly accelerating, raising concerns about Wuyi Vision's competitiveness, further pressuring the stock price. The capitalization process of the robotics industry chain is significantly accelerating, intensifying market competition. SenseTime-W fell 0.60%. Based on recent news: 1. On May 25, Bamboo Horse Innovation completed angel + round financing, led by SenseTime's Guoxiang Capital. This event indicates that SenseTime is increasing its investment in the field of spatial intelligence, which may affect its liquidity and lead to stock price fluctuations. The Hong Kong stock market has been quite volatile recently and requires attention. Kingdee International rose 0.56%. Based on recent key news: 1. On May 28, Kingdee International repurchased 2 million shares on the Hong Kong Stock Exchange, costing approximately HKD 13.9318 million. This move shows the company's confidence in its own stock, driving the stock price up. 2. On May 27, Kingdee International disclosed that it repurchased 2 million shares the previous day, with a price range of HKD 7.45 to 7.50 per share, involving approximately HKD 14.9671 million. The continuous repurchase actions enhance market confidence and support the stock price. 3. On May 28, Zhitong Finance reported on Kingdee International's repurchase actions, further confirming the improvement in the company's financial situation and boosting investor sentiment. The industry is experiencing a wave of buybacks, enhancing market confidence **Stocks Ranked Among the Top by Market Capitalization in the Industry** MingLue Technology-W fell by 1.89%. Based on recent key news: 1. On May 29, the Octo system operated internally by MingLue Technology attracted market attention. This system enables collaboration between real employees and AI agents, marking the company's innovation in the AI infrastructure field. Market expectations for its technological layout drove stock price fluctuations. 2. On May 29, founder Wu Minghui stated that MingLue Technology plans to open-source its Octo system, aiming to return data sovereignty to users and achieve seamless collaboration. This plan is seen as an important step in the company's strategy, affecting investor sentiment. 3. On May 29, the market reassessed the value of the AI middleware, and MingLue Technology was labeled as the "first stock of Agentic AI." Investors expressed expectations for its potential in the AI infrastructure field, leading to stock price fluctuations. The value of the AI infrastructure layer was reassessed ### Related Stocks - [09660.HK](https://longbridge.com/en/quote/09660.HK.md) - [06651.HK](https://longbridge.com/en/quote/06651.HK.md) - [00020.HK](https://longbridge.com/en/quote/00020.HK.md) - [00268.HK](https://longbridge.com/en/quote/00268.HK.md) - [02718.HK](https://longbridge.com/en/quote/02718.HK.md) ## Related News & Research - [Radiopharma on the rise: Are supply chains ready?](https://longbridge.com/en/news/288055433.md) - [14:20 ETEnlit Africa 2026: Huawei prezentuje inteligentne rozwiązanie dla stacji elektroenergetycznych dla Afryki Subsaharyjskiej](https://longbridge.com/en/news/287808261.md) - [Prediction markets boom as questions grow about insider trading](https://longbridge.com/en/news/288042237.md) - [Waymo Opens Free Public Rides for New Ojai Robotaxi in Major U.S. Cities](https://longbridge.com/en/news/288083934.md) - [How price variation impacts employers](https://longbridge.com/en/news/287666507.md)