Horizon Construction CEO Boosts Stake, Affirms Confidence While Maintaining Public Float

Horizon Construction Development Limited ( (HK:9930) ) has shared an update.

Horizon Construction Development Limited announced that its chief executive officer and executive director, Zhan Jing, has acquired 1,000,000 ordinary shares in the company on the open market between 16 and 27 March 2026, using his personal funds. The purchase represents about 0.03% of the company’s issued share capital and signals the CEO’s strong confidence in the group’s future development prospects, with the possibility of further increases in his stake, while the company confirms that it continues to meet the minimum public float requirements set by the Hong Kong stock exchange and advises investors to exercise caution when trading its securities.

The most recent analyst rating on (HK:9930) stock is a Hold with a HK$0.89 price target. To see the full list of analyst forecasts on Horizon Construction Development Limited stock, see the HK:9930 Stock Forecast page.

More about Horizon Construction Development Limited

Horizon Construction Development Limited is a Cayman Islands-incorporated company listed in Hong Kong, operating through a group structure focused on construction-related activities. The firm is overseen by a board that includes executive, non-executive and independent non-executive directors, reflecting a typical governance framework for a Hong Kong-listed construction group.

Average Trading Volume: 315,445

Technical Sentiment Signal: Sell

Current Market Cap: HK$2.97B

For a thorough assessment of 9930 stock, go to TipRanks’ Stock Analysis page.