There are many HC-05 data sheets around, official datasheet is available from Chinese manufacturer wavesen along with an AT command manual. According to the latter, HC-05 also supports 922k and 1382k Baud rates, but I never tried.
HC-05 is essentially a CSR/Qualcomm BC417xx Bluetooth Asic with a respective program in flash. Versions with different functionality may be made.
BC417xx is an old Bluetooth chip. Some "HC-05" on the market are even using older chips like BC352xx which has much lower speed than recent HC-05.