Pateo Connect Jumps On Ai Technology Tie: up with Beijing Horizon Robotics

PATEO CONNECT Technology (Shanghai)

22/04/2026 08:06

** Shares of PATEO CONNECT Technology (Shanghai) Corp 2889.HK jump as much as 19.9% to HK$143.8, their highest level since April 14

** Stock on course for the second straight session of gains

** China-based smart cockpit solutions provider said it signed a strategic cooperation agreement with Beijing Horizon Robotics Technology R&D Co Ltd to promote the integration of AI technology in intelligent cockpits, intelligent driving and robotics

** Says the firms will jointly create platform-level solutions for vehicle intelligence and localization

** YTD, stock down 37.7%, Hang Seng TECH Index .HSTECH down 10%

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))