Movement Alert｜Horizon Robotics-W Rises 3.39% in Regular Trading, Application Software Sector Strengthens Amid WAIC Smart Driving Momentum

Market Focus07-16 09:52

On July 16, Horizon Robotics-W rose 3.39% in regular trading, trading at 4.56 HKD/share, with turnover of 155 million HKD.

On the news front, ongoing exhibitions at the World Artificial Intelligence Conference (WAIC) related to intelligent driving continued to attract market attention, while the broader application software sector rallied collectively. Within the sector, MARKETINGFORCE surged 23.06%, KINGDEE INT'L gained 5.71%, PHANCY rose 5.50%, SENSETIME-W climbed 3.70%, and UNISOUND added 3.54%, reflecting a clear rebound in sector sentiment that lifted the stock.

Additionally, southbound capital has been accumulating shares continuously, with over 34 million shares added between July 9 and July 13. Market expectations for the company's HSD 2.0 solution entering mass production in vehicles during the second half, alongside anticipated BYD IP licensing cooperation, continue to provide medium-term support.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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