Movement Alert｜HORIZONROBOT-W Intraday Rise 3.14% in Regular Trading, Physical AI Strength Supports Rebound

Market Focus10-23

On October 23, HORIZONROBOT-W rose 3.14% in regular trading, trading at HK$3.615, with turnover of HK$371 million.

The move coincided with strength in Hong Kong-listed Physical AI names, where peer stocks including Hesai-W and 51WORLD also advanced, providing the most direct sector catalyst for the rebound.

Fundamentally, the company previously reported first-half revenue of RMB2.055 billion, up 32.9% year over year, with licensing and services revenue of RMB1.129 billion, up 52.7%. Recent disclosures also highlighted that its integrated cockpit-driving chip Xingkong is set for mass production and vehicle launch in the fourth quarter, while the product also received a CIIF award, reinforcing market attention on its commercialization progress at the intersection of intelligent driving and Physical AI.

(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.)

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