Bernstein maintains Horizon Robotics (09660.HK) at 'Outperform' rating, noting that short-term volatility should not overshadow the long-term investment thesis.

Bernstein issued a research report noting that Horizonrobot-W (09660.HK) has recently faced share price pressure, primarily due to market concerns over automakers’ aggressive in-house development of intelligent driving chips and investor skepticism regarding the company’s 2026 delivery targets amid weak auto sales. However, the firm believes that although market sentiment may lead to relatively muted near-term share price performance, short-term volatility should not obscure the fundamentally sound long-term investment case. It maintains its 'Outperform' rating on the stock with a target price of HK$10. The report also noted that third-party intelligent driving chips remain the optimal choice for most automakers.

AASTOCKSJun 3 11:42

Horizon Robotics Class B (9660): New Buy Recommendation for This Technology Giant

TipRanksJun 2 21:01 · Ratings

CLSA initiates coverage of Pony AI (02026.HK) and WeRide (00800.HK) with an 'Outperform' rating, and lowers Horizon Robotics' (09660.HK) target price to HK$9.

CLSA published a report noting that mainland China’s autonomous ride-hailing operators are steadily advancing their fleet expansion plans, despite domestic licensing setbacks and temporary disruptions to operations in the Middle East. The firm lowered its U.S.-listed target price for Pony AI (PONY.US) from USD 20 to USD 16, while maintaining its USD 11 target price for WeRide (WRD.US). CLSA also initiated coverage of Pony AI-W (02026.HK) and WeRide-W (00800.HK) H-shares with an “Outperform” rating and set target prices of HKD 125 and HKD 29, respectively. Both stocks could be included in the Shanghai and Shenzhen-Hong Kong Stock Connect on June 4.

AASTOCKSJun 2 12:35

S&P Global Market Intelligence's latest list of the top 10 Hong Kong-listed stocks by short interest ratio

S&P Global Market Intelligence has released short interest data for Hong Kong-listed stocks as of last Friday (May 29). The 'short interest ratio' is defined as the percentage of shares on loan relative to total issued shares. The current average short interest ratio for the Hang Seng Index constituents stands at 1.36%. The table below lists the ten Hong Kong-listed stocks with the highest short interest ratios according to S&P Global Market Intelligence: Stock Name │ Shares on Loan (million) │ 7-Day Change (%) │ Short Interest Ratio (%) │ 7-Day Price Change (%) ZTE Corporation (00763.HK)

AASTOCKSJun 2 11:04

Hong Kong-listed robotics concept stocks are active, as Ubtech Robotics launches pre-sales of the world's first full-size, ultra-bionic humanoid robot.

According to an official post from Ubtech Robotics, the world's first full-sized, ultra-bionic humanoid robot has officially launched on JD.com for pre-order. Designed for emotional companionship, the robot will be formally unveiled on June 30.

Zhitong FinanceJun 2 09:29

Express News | OpenAI Announces Entry into Robotics Sector, Focusing Short-Term on Developing Assistive Robots

BreakingsJun 1 14:37