HK Stock Market Move | The stock of IMOTIONAUTOTECH (01274) rose nearly 8% in the morning session, while Horizon (09660) rose over 3%. The two parties have officially signed a strategic cooperation agreement.

IMOTIONAUTOTECH (01274) and Horizon (09660) rose in early trading. As of the time of writing, ZhiXing Technology rose by 5.11% to HK$17.28, while Horizon Siasun Robot & Automation rose by 2.96% to HK$4.17. On the news front, on January 21st, IMOTIONAUTOTECH and Horizon officially signed a strategic cooperation agreement. The two parties will deepen cooperation in the field of automotive intelligent technology and products, providing car enterprise customers with higher quality and innovative intelligent driving products and services. They will work together to develop the domestic and international intelligent driving market, contributing to the sustainable development of the intelligent driving industry ecosystem. Currently, ZhiXing Technology and Horizon are steadily advancing their production cooperation based on the latest generation of the Centrality 6 series. ZhiXing Technology has successfully deployed advanced algorithm models on the Centrality 6 series computational solutions. ZhiXing Technology has also partnered with Horizon and Continental Group's joint venture, Intelligent Driving Continent, to create lightweight urban intelligent driving products based on the Centrality 6 series cooperation.