Hong Kong stock movement | Horizon Robotics-W (09660) rises nearly 5% again, Goldman Sachs expects the "Journey 6" series to contribute revenue starting next year.

Horizon Siasun Robot&Automation-W (09660) rose nearly 5% again, as of the press time, up 4.44%, reported at 3.76 Hong Kong dollars, with a transaction amount of 62.8606 million Hong Kong dollars.

Zhitong FinanceDec 26 22:02 ET

Chip stocks generally rose, Semiconductor Manufacturing International Corporation (00981) increased by 4.97%, Institutions expect IC sales to grow by 26% in 2025.

Jinwu Finance News | Chip stocks generally rose. As of the time of writing, Semiconductor Manufacturing International Corporation (00981) is up 4.97%, HUA HONG SEMI (01347) is up 3.55%, Siasun Robot&Automation (09660) is up 3.06%, and SHANGHAI FUDAN (01385) is up 2.07%. On the news front, TechInsights released the 2025 semiconductor manufacturing market outlook, forecasting a 26% increase in IC sales by 2025 due to improvements in end-user demand and rising prices. With the increase in sold equipment, IC sales are expected to jump by 17%, which will also drive a corresponding 17% growth in silicon demand.

Jinwu Financial NewsDec 26 20:59 ET

Horizon Robotics (09660) rose by 4.4%, Goldman Sachs is Bullish on its prospects in the Asia Vets driving chip field.

Jinwu Financial News | Horizon Robotics (09660) has been fluctuating strongly, with a 4.40% increase as of the time of writing, priced at HKD 3.56, with a transaction volume of HKD 43.59 million. On the news front, Goldman Sachs has released a Research Report indicating that the smart driving chip market is in a rapid development stage, with more and more new models beginning to adopt more powerful smart driving chips to enhance autonomous driving capabilities and the intelligence level of vehicles. With the intensification of competition in electric vehicles (EVs), Auto Manufacturers are differentiating new models by enhancing technological content and autonomous driving functions. Goldman Sachs expects that Horizon Robotics will benefit from the Journey 3/5 series.

Jinwu Financial NewsDec 23 22:00 ET

[Brokerage Focus] Guosheng Securities initially rated Siasun Robot&Automation (09660) as a Shareholding, indicating that the localization of autonomous driving solutions is an inevitable trend.

Jinwu Financial News | Guosheng Securities research pointed out that Horizon Robotics (09660) had company revenue of 1.55 billion in 2023, with automotive product solutions/automotive authorization and services/non-automotive solutions accounting for 33%/62%/5% respectively. According to Zhaoshang Consulting, based on the installation volume of ADAS (Advanced Driver Assistance Systems) and AD (Advanced Autonomous Driving) solutions in the China market in 2023, Horizon ranked fourth, being the only Chinese company in the top five. Excluding assisted driving, in the 2023 market for the original equipment NOA high-end intelligent driving computing solutions for China's Passenger Vehicle segment, Horizon

Jingwu Financial NewsDec 20 01:14 ET

Trending Industry Today: PENTAMASTER Leads Gains In Semiconductors Stocks

Moomoo NewsDec 19 22:50 ET

Horizon Siasun Robot&Automation (09660) rises over 3% against the market trend, with the company planning to begin mass production of its flagship J6 series products from 2026.

Gold King Financial News | Horizon Robotics (09660) rose against the market trend, at the time of writing, up 3.49% to HKD 3.56, with a transaction amount of 33.8332 million HKD. Citibank reported that the company has strong technical advantages and local expertise, benefiting from the strong growth in the Industry, a solid customer base, and the increasing penetration rate of domestic ADAS + AD chips. The bank expects 2026 to be a turning point for Horizon Robotics, and the company plans to start mass production of its flagship J6 series products in 2026, currently giving a Target Price of HKD 4.6, corresponding to the forecasted price-earnings ratio for 2028.

Jingu Financial NewsDec 18 20:53 ET