<div id="readability-page-1"><div><p>HORIZONROBOT-W (09660.HK)<span> </span><span> -0.290 (-4.858%)  </span> <span> Short selling $528.63M; Ratio 37.890%  </span>  opened flat today and hit an intraday trough of HKD5.64. It is currently trading at HKD5.66, down 5.19%, with a turnover of 75.001 million shares, involving HKD434 million.</p><p>UBS said in a research report that due to weak automobile demand in China, it lowered its revenue forecasts for HORIZONROBOT-W for fiscal years 2026 to 2028 by 8% to 14%. However, the company is benefiting from growing market share in high-end autonomous driving chips, and revenue contribution from cockpit technology applications is expected to accelerate starting from 2027. The broker expects the companys revenue CAGR for fiscal years 2025 to 2028 to still reach 61%.</p><p>The broker revised down its adjusted EPS forecasts for fiscal years 2026 to 2028 to RMB-0.25, RMB-0.12 and RMB0.04, respectively, to reflect lower revenue projections and higher R&amp;D expense assumptions. It cut the TP by 24% from HKD13.2 to HKD10, while maintaining a Buy rating. (sl/u)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-05-27 16:25.)</p></div></div>

09660

562700

562260

159306

159565

516110

<p>HORIZONROBOT-Wshares fell over 5% to HKD5.66 after UBS cut its target price by 24% to HKD10, citing weak automobile demand in China. UBS lowered revenue forecasts for 2026-2028 by 8% to 14% but maintains a Buy rating, expecting a 61% CAGR in revenue from 2025 to 2028 due to growth in high-end autonomous driving chips and cockpit technology applications.</p>

AASTOCKS News

HORIZONROBOT-W

ChinaAMC CSI Auto Components Thematic ETF

HFT CSI Auto Components Thematic ETF

Ping An CSI Auto Components Thematic ETF

E Fund CSI Auto Components Thematic ETF

Guotai CSI 800 Automobile and Parts ETF

UBS Group AG

HORIZONROBOT-WSlumps Over 5% as UBS Cuts TP to HKD10, Maintains Buy