HK Stock Market Move | HORIZONROBOT-W(09660) rises over 7% again, launching mass production and delivery of the 6 series, the company will enter the Henkel Index constituent stocks.
26/02/2025
GMT Eight
HORIZONROBOT-W(09660) rose more than 7% in early trading, reaching a high of 9.99 Hong Kong dollars, setting a new record high. As of the time of writing, it has risen by 6.03% to 9.84 Hong Kong dollars, with a trading volume of 2.62 billion Hong Kong dollars.
On the news front, on February 10, BYD Company Limited held a smart strategy conference, officially announcing the "everyone smart driving" strategy and launching the new Tian Shen Zhi Yan high-end smart driving system. It is worth noting that Tian Shen Zhi Yan C is equipped with the Horizon Journey 6 series products. With the official delivery of BYD Company Limited models equipped with Tian Shen Zhi Yan C to users, the Journey 6 series officially began mass production and delivery in February.
Goldman Sachs released a report, stating that the Horizon Siasun Robot & Automation's "Journey 6" series is expected to benefit from the smart driving trend led by BYD Company Limited, and is expected to be beneficial for the upgrade of the Horizon product portfolio and diversification of customers. In addition, on February 21, Hang Seng Index Company released the latest quarterly review results, in which Horizon Siasun Robot & Automation was included in the Hang Seng Technology Index constituents, with the adjustment to take effect from March 10, 2025. Goldman Sachs stated that Horizon's inclusion in the Hang Seng Technology Index is expected to further assist in the revaluation of its value.