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Honworld Group Ltd. ( (HK:2226) ) has issued an update.
Honworld Group Limited has disclosed that its current public float stands at approximately 23.27%, remaining below the Hong Kong Stock Exchange’s minimum 25% requirement. The board attributes the shortfall to the concentration of shares held by core connected persons and is engaging with these shareholders to determine the volume and timing of potential disposals needed to restore compliance.
The company expects to implement its public float restoration plan in line with previously indicated timetables and aims to bring the public float back to at least 25% by 23 July 2026. Until full compliance is achieved, Honworld will publish monthly updates on its progress, and it has warned shareholders and potential investors to exercise caution when trading its securities amid the ongoing remediation process.
The most recent analyst rating on (HK:2226) stock is a Sell with a HK$0.34 price target. To see the full list of analyst forecasts on Honworld Group Ltd. stock, see the HK:2226 Stock Forecast page.
More about Honworld Group Ltd.
Honworld Group Limited is a Hong Kong-listed company incorporated in the Cayman Islands and traded on the Main Board under stock code 2226. The group operates through its subsidiaries and has a shareholder base that includes core connected persons, whose shareholdings significantly influence the company’s public float compliance on the Hong Kong Stock Exchange.
Average Trading Volume: 66,054
Technical Sentiment Signal: Sell
Current Market Cap: HK$231.5M
Find detailed analytics on 2226 stock on TipRanks’ Stock Analysis page.