Movement Alert｜Horizon Robotics-W Rises 5.15% in Regular Trading, BYD Cooperation Expectations Continue to Ferment Amid Smart Driving Chip Market Share Gains

Market Focus07-02

On July 2, Horizon Robotics-W rose 5.15% in regular trading, trading at HKD 4.4 per share, with turnover of HKD 426 million, extending its recent strong momentum.

On the news front, BYD Chairman Wang Chuanfu recently met with Horizon Robotics founder Yu Kai, jointly experiencing vehicles equipped with Horizon's smart driving solutions. The market expects the two parties to deepen strategic cooperation in intelligent driving. Yu Kai previously disclosed that a particularly large cooperation order has been secured, with market consensus pointing toward a new round of scaled orders from BYD potentially materializing.

Additionally, industry analysis suggests the assisted driving domain controller chip market has formed a dual-leader pattern, with Horizon's Journey 6 series chips accelerating mass production deployment across all tiers. The company's full-scenario assisted driving system HSD recently launched its V2.0 upgrade featuring 6 major evolutionary dimensions, 18 new functions, and 25 experience optimizations, further driving chip shipment volume growth.

(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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