HK Stock Market Move | HORIZONROBOT-W(09660) rose by over 9% as the company was included in the Hang Seng Technology Index. It will collaborate with FAW Besturn on intelligent driving.

HORIZONROBOT-W (09660) surged over 9%, as of the time of writing, it increased by 9.11% to HK$8.85, with a turnover of HK$1.12 billion. In terms of news, Hang Seng Index Company Limited (Hang Seng Index Company) announced the results of the quarterly review of the Hang Seng Index Series as of December 31, 2024. All changes will be implemented after the close of trading on March 7, 2025 (Friday) and will take effect from March 10, 2025 (Monday). Among them, HORIZONROBOT-W has been included in the Hang Seng Tech Index. In addition, Horizon Robotics has officially signed a strategic cooperation agreement with FAW's mainstream passenger car brand, FAW Besturn. The two parties will deepen cooperation in the field of intelligent driving solutions. It is reported that the two parties have reached a mass production cooperation based on Horizon Journey 2 and Horizon Journey 3, and have already achieved mass production on models such as Besturn T90 and B70.