SG#HZROBRC2611A

Dai Wei Securities Maintains Buy Rating for Horizon Robotics B Shares

Horizon Unveils China's First In-Cabin and Driving Fusion Autonomous Vehicle Chip Starry6P

Bestelink and Horizon Robotics Sign Strategic Collaboration for In-Cabin Intelligence Joint Solution

Horizon Robotics Optimizes Revenue Structure in Intelligent Driving Technology

Horizon Robotics repurchased stocks in Hong Kong

Horizon Robotics-W repurchased 1,222,800 shares for HKD 8.6794 million

Horizon Robotics-W repurchased 3.1014 million shares

Horizon Robotics Announces Stock Repurchase to Attract Investors and Talent

Horizon Robotics-W repurchased 5.577 million shares at HKD6.96-7.10 per share

Huachuang Securities Upgrades Horizon Robotics-W Rating to Strong Recommendation

Horizon Robotics Announces 2025 Annual Report, Car Business Revenue Soars

CMB International Upgrades Horizon-W Revenue Forecast and Maintains Overweight Rating

CMBI Raises Revenue Forecast and Maintains Buy Rating for Horizon-W

Horizon Robotics Reaffirms 2026 Shipment Prospects and Plans to Increase Average Selling Price

UBS Maintains Buy Rating on Horizon Robotics Class B and Sets Target Price at HK$13.20

DBS Analyst Maintains Buy Rating on Horizon Robotics-W

Horizon Robotics-W.HK Raises Revenue Growth Projections

HORIZONROBOT-W released FY2025 Q3 earnings on March 19 (BJT), actual revenue HKD 1.198 B, actual EPS HKD -0.2114

HORIZONROBOT-W released FY2025 9 Months Earnings on March 19, 2026 (BJT) with actual revenue of HKD 2.894 B and EPS of HKD -0.6715

Horizon Robotics 2025 Earnings Call: HSD Solution Shipments Expected to Reach 400,000 Units

QINGDAO HLDGS

QIANHAI HEALTH

GUOXIA TECH

BITSTRAT HLDGS

KIN SHING HLDGS

AV CONCEPT HOLD

DATRONIX HOLD

HAITIAN ANTENNA

PRODUCTIVE TECH

INVESTECH HLDGS

09660

In a report released on April 23, from Daiwa maintained a Buy rating on Horizon Robotics Class B, with a price target of HK$12.40. The company’s shares closed yesterday at HK$7.46.Claim 30% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks Horizon Robotics Class B has an analyst consensus of Strong Buy, with a price target consensus of HK$11.98.

Tip Ranks

HORIZONROBOT-W

Daiwa Securities Group Inc.

Daiwa Reaffirms Their Buy Rating on Horizon Robotics Class B (9660)

Horizon Roboticsannounced the granting of 59.2026 million Class B ordinary shares to 1,073 grantees under its post-IPO share incentive scheme on April 24. The shares were awarded at a closing price of HKD7.64 on the grant date. The stock saw a rise of 2.413%, with short selling amounting to $151.72 million and a ratio of 17.290%.

AASTOCKS News

Horizon Robotics  Grants Total 59.2026 Million Award Shares

02525

The LiDAR industry is shifting from a price war to a value war. Sun Kai of Hesai Technology noted that industry focus is increasingly turning toward performance. With rising expectations for L3 autonomous driving deployment and growing user acceptance, the autonomous driving sector stands on the eve of an inflection point. Horizon Robotics CEO Yu Kai believes this inflection will arrive this year

Wallstreetcn

HESAI-W

Hesai

LiDAR Industry Begins 'Racing' on Performance, Experts Predict Imminent Inflection Point for Autonomous Driving

09866

01776

00992

01179

06656

03986

02359

03317

06869

NIO-SW(09866) rose 3.42%, with a trading turnover 239.3 Million HKD, and a year-to-date rose 33.1%. GF SEC(01776) rose 3.2%, with a trading turnover 321.7 Million HKD, and a year-to-date fell 1.2%. SIGENERGY(06656) fell 9.02%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 85.1%. GIGADEVICE(03986) fell 6.83%, with a trading turnover 894.9 Million HKD, and a year-to-date rose 165.9%.

- The Hang Seng Index fell by 0.89%, with a year-to-date increase of 2.1%.  
- The Hang Seng Tech Index decreased by 0.97%, showing an annual decline of 8.6%.  
- Notable movements included NIO rising by 3.42% and Zhaoyi Innovation dropping by 6.83%, reflecting significant annual gains and losses respectively.

Top Gainers & Losers

NIO-SW

GF SEC

LENOVO GROUP

HWORLD-S

SIGENERGY

GIGADEVICE

WUXI APPTEC

XUNCE

YOFC

Top 5 HK Stock Gainers/Losers (>100B) (4.17)

06600

09880

At the 2026 Chinese Humanoid Robot Ecosystem Conference, Zhao Jie, Director of the Robotics Research Institute at Harbin Institute of Technology, pointed out that dual-arm humanoid skill operation capability is the core technology determining humanoid robot deployment, far surpassing bipedal walking functions

ONEROBOTICS

UBTECH ROBOTICS

Harbin Institute of Technology's Zhao Jie: Dual-Arm Humanoid Skill Operation Capability Is the Core Technology Determining Humanoid Robot Deployment

516110

159306

562700

562260

159565

Morgan Stanley has lowered the target price for HORIZONROBOT to 10 yuan, with a rating of "Overweight." At the same time, it has adjusted the earnings forecast for 2026 to 2028, expecting that the shipment volume of autonomous driving chips will exceed expectations, but has lowered the gross margin due to changes in the product mix. It is expected that the J7 platform will be launched from the end of this year to early next year, with R&D expenses higher than previously anticipated. The firm believes that the stock price of HORIZONROBOT has reflected market concerns about weak domestic automotive demand and other factors

AASTOCKS

Guotai CSI 800 Automobile and Parts ETF

Ping An CSI Auto Components Thematic ETF

ChinaAMC CSI Auto Components Thematic ETF

HFT CSI Auto Components Thematic ETF

E Fund CSI Auto Components Thematic ETF

Morgan Stanley

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Morgan Stanley lowers the target price for HORIZONROBOT-W to 10 yuan, rating it "Overweight."

159995

159325

512760

588170

588780

512480

- The article discusses the evolution of intelligent driving technology and the competition in the automotive industry.  
- Horizon's CEO, Yu Kai, predicts a shift in user dependence on intelligent driving systems, with over 40% of vehicles expected to be equipped with their HSD system by early 2026, which could become standard rather than a selling point.  
- The company is transitioning from hardware to software and services, aiming to enhance profitability while preparing to integrate cockpit and driving systems into a unified platform, thus challenging established players like Qualcomm and Tesla.

ChinaAMC Guozheng Semiconductor Chip ETF

China Southern CSI Semiconductor Industry Custom ETF

Guotai CES Semiconductor Chip Industry ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Horizon Robotics Ready to Launch a Surprise Attack

NVDA

09988

BABA

89988

AAPL

HHZD

00100

HBBD

HUAWEI

02097

KBAB

BABO

BABX

NVDL

07788

07388

NVDY

NVDD

NVDX

0413 | Dolphin Focus — 🐬 Macro/Industry. 1) Trump announced that, after US-Iran talks in Pakistan collapsed, the US military will at 10:00 ET on Apr 13 (10pm Beijing time tonight) impose a full blockade of Iranian ports and the Strait of Hormuz.It will intercept all vessels to and from Iran and cut off its oil exports. Iran's military issued a hardline response, stating any US approach will be treated as a provocation and met with firm retaliation.This would sharply elevate geopolitical risk and disrupt shipping, chemicals and related supply chains. It would also reinforce expectations that the Fed keeps rates higher for longer, putting near-term pressure on HK stocks and growth names.

MiniMax M2.7 open-sourced globally; AAPL's first foldable slated for Fall 2026 | Daily News Recap

U.S. President Trump instructed the military to blockade the Strait of Hormuz, leading to a rise in oil prices and a decline in the stock market. HORIZONROBOT-W (9660) repurchased shares for the first time after going public, supporting its stock price and possibly welcoming a rebound opportunity

Stheadline

Ride the wave of repurchase｜Tang Niu

AMZN

0410 | Dolphin Research Focus: 🐬 Macro/Industry 1) HKMA is expected to announce at 17:00 on Apr 10 the first batch of stablecoin issuers under its sandbox. This aims to establish a regulated fiat-backed stablecoin framework and bolster Hong Kong’s position as a global Web3.0 hub.The inaugural list is closely watched, with selected firms allowed to run tests in a controlled environment. It signals a major financial center formally bringing stablecoins under strict oversight, taking a 'safety-first' approach to set compliance benchmarks and strengthen Hong Kong’s status as a digital-asset hub. 2) The US Mar CPI will be released at 20:30 tonight...

TSM revenue growth eases concerns; Horizon Robotics starts buyback | Daily News Recap

TESL

On Wednesday (April 8), the Bloomberg Electric Vehicle Price Return Index rose 3.79% to 3,742.59 points, continuing to trend higher in early Asia-Pacific trading and gapping up to 3,762.34 points at the opening. Among constituents, Pony.ai rose 10.2%, MP Materials rose 9.4%, Vale Indonesia rose 8.30%, Horizon Robotics H shares rose 8.30%, and Aneka Tambang rose 7.78%. Four constituents declined, with Tesla down over 1%

Simplify Volt TSLA Revolution ETF

MP Materials

Direxion Daily TSLA Bull 2X Shares

GraniteShares 1.25 Long TSLA Daily ETF

T-Rex 2X Long Tesla Daily Target ETF

Direxion Daily TSLA Bear 1X Shares

AXS TSLA Bear Daily ETF

Tesla

Leverage Shares 2X Long MP Daily ETF

KITT

KOID

Hong Kong's robotics stocks surged, with UBTECH Robotics up over 10%, Hesai Technology rising more than 7%, Hua Hong Semiconductor climbing over 6%, Yunji Technology gaining over 5%, and Horizon Robotics advancing over 3%. This increase reflects growing investor interest and confidence in the robotics sector.

CoinLive

Nautics Robotics

KraneShares Glbl HmndandEmbdIntlgcIdxETF

Arbe Robotics

Roundhill Humanoid Robotics ETF

ARK Autonomous Tech & Robotics ETF

Arbe Robotics - CW27

ROBO Global Robotics

VanEck Robotics ETF

YUNJI

Themes Humanoid Robotics ETF

Global X Robotics & Artificial

Richtech Robotics - B

Hong Kong Robotics Stocks Surge as Market Gains Momentum

00883

00467

00700

Today, Hong Kong's three major indices collectively trended lower, with market sentiment significantly pressured by the external environment and policy changes; the Hang Seng TECH Index retreated by nearly 0.5%. On the market front, the oil and gas sector fell across the board due to international oil price fluctuations, with CNOOC and UNITEDENERGY GP leading the declines. Internet giants diverged; while TENCENT rose slightly, its intraday short-selling turnover exceeded HK$3 billion, indicating intense long-short contention. Meanwhile, the market showed clear structural opportunities, with retailers and the AI sector performing actively. JST GROUP, COWELL, and other stocks surged significantly, while Asymchem jumped 12% against the trend, bolstered by strong earnings and dividend plans. Overall, competition among existing funds within the market intensified, and investor caution remained high, with capital flows tilting toward high-performance stocks and those supported by buybacks

- Hong Kong's major indices experienced significant adjustments, with the Hang Seng Index at 24,719.62, down 0.13%.  
- The oil and gas sector faced notable declines, influenced by international oil price fluctuations, while retail stocks showed volatility with significant gains for some companies.  
- Market sentiment remains cautious amid concerns over liquidity and external economic conditions, suggesting differentiated risk preferences and structural opportunities.

LB Select

CNOOC

UNITEDENERGY GP

TENCENT

KUAISHOU-W

SENSETIME-W

BIDU-SWR

PHANCY

JST GROUP

COWELL

J&T EXPRESS-W

Asymchem

POP MART

XIAOMI-W

ZIJIN GOLD INTL

BYD COMPANY

ZIJIN MINING

MEITUAN

Hong Kong Stocks Intraday | Hong Kong's Three Major Indices Fall Across the Board: TENCENT Edges Up Against the Trend Amid Divergence, Oil and Gas Sector Plunges to Lead the Decline

SG#HZROBRC2611A(61614.HK)

SG#HZROBRC2611A Stock Performance Chart

Daiwa Reaffirms Their Buy Rating on Horizon Robotics Class B (9660)

Horizon Robotics Grants Total 59.2026 Million Award Shares

LiDAR Industry Begins 'Racing' on Performance, Experts Predict Imminent Inflection Point for Autonomous Driving

Top 5 HK Stock Gainers/Losers (>100B) (4.17)

Harbin Institute of Technology's Zhao Jie: Dual-Arm Humanoid Skill Operation Capability Is the Core Technology Determining Humanoid Robot Deployment