On November 12, JPMorgan issued a research report, marking the start of its coverage on Horizon Robotics (09660.HK). The investment bank gave the company an "Overweight" rating and established a target price of HK$13 per share. Horizon Robotics stands out as a premier provider of intelligent driving solutions in China. In the first half of 2025, it secured a substantial 46% market share within the ADAS (Advanced Driver-Assistance Systems) solutions segment for Chinese automakers. Given the swift expansion of China's intelligent driving market, it is widely expected that prominent technology providers such as Horizon Robotics will reap substantial rewards.
