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| HSI1 | 26,358.07 | +410.75 | 213.91B |
| HSCEI1 | 8,890.65 | +172.39 | 70.33B |
| Back Zoom + Zoom - Block Traded | |
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2026-04-15 14:19:56 Morgan Stanley issued a research report cutting its target price for HORIZONROBOT-W (09660.HK) from $11.5 to $10, with rating at Overweight. Meanwhile, the broker adjusted its 2026-2028 earnings forecasts, and expected autonomous driving chip shipments during the period to exceed prior estimations. However, Morgan Stanley lowered its gross margin forecasts due to changes in product mix. The broker also anticipated R&D expenses for 2026-2028 to be higher than previously expected ahead of the launch of the next-generation intelligent driving chip Journey 7 (J7) platform in late-2026 to early-2027. The broker believed that HORIZONROBOT-W's share price has underperformed the market YTD, reflecting weak domestic auto demand, higher memory costs, intensified competition and elevated R&D expenses, etc.. ~ AASTOCKS Financial News Website: www.aastocks.com | |