HK Stock Movement | HORIZONROBOT-W (09660) Rises Over 4% Again as BAIC Partners with Horizon to Develop Dual Journey 6M City NOA System

Stock News12-12

HORIZONROBOT-W (09660) surged over 4% again, trading at HK$9.01 by press time, up 3.8%, with a turnover of HK$547 million. On December 9, BAIC Group and Horizon announced an in-depth collaboration to jointly develop a full-scenario city NOA system based on two Horizon Journey 6M chips, integrating BAIC's self-developed "Meta-AI Central Brain" technology to accelerate the deployment of advanced intelligent driving solutions. This partnership marks another significant breakthrough for BAIC in intelligent technology and injects new momentum into the development of self-owned brand smart vehicles. Goldman Sachs noted in a research report that Horizon's HSD solution has been adopted by multiple Chery models, including the Exeed ET5, Fengyun T9, and iCAR V27. The bank expects Horizon to achieve mass production for more models by 2026, secure additional projects, and drive shipment growth while benefiting from higher blended average selling prices through product mix upgrades.

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