Horizon Robotics is trading at HK$4.41, down 4.13%, after its adjusted first-half net loss widened amid heavy R&D spending.

  • Revenue rose 32.9% year over year to RMB 2.055 billion.
  • Adjusted net loss widened to RMB 1.67 billion; product-solutions growth also slowed sharply.
  • Broader semiconductor weakness and rising global bond yields are reinforcing the risk-off move in growth stocks.