HK Stock Market Move | HORIZONROBOT-W(09660) increases by over 4%, the Journey 6 series will begin mass production and boarding. The company will enter the Hengke index next Monday.

HORIZONROBOT-W (09660) rose more than 4%, as of the time of the report, up 4.11% to 9.11 Hong Kong dollars, with a turnover of 2.66 billion Hong Kong dollars. On the news front, the Ideal Automobile series will upgrade the Horizon Journey 6M program and come standard with a laser radar. Tianfeng believes that Horizon is expected to bring a significant increment under the BYD Company Limited's intelligent driving platform this year, with the "Eye of God C" using the Horizon J6M calculation scheme; and Changan Ling'an's DEEPALADPro, released on February 9, will also use the Horizon intelligent driving program, installed on entry-level models, promoting the comprehensive popularization of intelligent driving and contributing to Horizon's total revenue growth. In addition, Hang Seng Index Company previously announced the latest quarterly review results, with Horizon Siasun Robot & Automation included in the Hang Seng Technology Index constituents, with adjustments effective from March 10. Goldman Sachs said that Horizon's inclusion in the Hang Seng Technology Index is expected to help further reevaluate its valuation. The bank pointed out that Horizon Siasun Robot & Automation's "Journey 6" series is expected to benefit from the intelligent driving trend sparked by BYD Company Limited, and is expected to be beneficial for the upgrade of Horizon's product portfolio and customer diversification.