HK Stock Market Move | Horizon Siasun Robot & Automation-B (09660) has surged more than 9%. The company has deepened its collaboration with Volkswagen on advanced autonomous driving, and it is rumored to be partnering with Porsche on the research and development of intelligent driving.

Horizon Siasun Robot&Automation-B (09660) is now up more than 9%, as of the time of writing, up 9.3% to 6.23 Hong Kong dollars, with a turnover of 194 million Hong Kong dollars. On the news front, Horizon and Volkswagen Group have officially announced further cooperation in the high-end field based on Horizon's full-scene intelligent driving solution HSD. HSD will serve as an important technical support for Volkswagen Group's intelligent driving research and development, accelerating research and development through CARIAD and Horizon's joint venture Cool Ride Program, and landing on models under the Volkswagen Group. In addition, there are market rumors that Porsche and Horizon have reached a cooperation in the research and development of intelligent driving technology, and progress is expected to be announced after the Shanghai Auto Show. This cooperation is part of the deepening cooperation between China Volkswagen Group and Horizon. Daiwa released a research report stating that Horizon Siasun Robot&Automation will benefit from the trend of advanced driver assistance systems, and is expected to be one of the companies in the automotive supply chain least affected by US tariffs. The group's sales ban period will end on April 24th, and the bank believes this will provide investors with a good entry opportunity. The bank expects average selling price to be the main driver of revenue growth for Horizon Siasun Robot&Automation in 2025.